Day: May 19, 2025

Honduras

Honduras’ economic activity rose 6% YoY in March. Separately, China agreed to expedite a financing review for the USD 525 mln Honduran Patuca II A

Colombia

Colombia’s Q1 GDP grew 2.7% YoY, beating 2.5% forecasts. March ISE surged 4.5% YoY, the strongest print since March 2023, signaling a recovery after weak

Somalia

Somalia’s debt stood at USD 1.4 bln at Q1-end, with 94% of bilateral debt owed to non-Paris Club Arab creditors. USD 475.7 mln remains in

Nigeria

Nigeria’s inflation slowed to 23.7% in April from 24.2% in March, with food and core inflation also easing. Separately, S&P affirmed Nigeria’s B- rating with

Kenya

Kenya’s government arrears fell 22% QoQ in Q1 to USD 3.26 bln. Total public debt rose 9% YoY to KES 11.36 tln, driven by a

Angola

Angola’s Long-Term FC rating was affirmed at B- with stable outlook by Fitch. It cited high FX debt, weak governance, and inflation, but noted strong

Kyrgyz Republic

In Kyrgyzstan, annual inflation moved up slightly to 7.1% in April from 6.9% the previous month, the highest level recorded since 2023. The central bank

Uzbekistan

Ministers from Kazakhstan, Uzbekistan and Kyrgyzstan have signed a water-sharing deal in Tashkent, which should strengthen cooperation between the three countries. Long term strategic energy

Russia

Direct talks between Russia and Ukraine have taken place in Istanbul, for the first time in three years. A potential ceasefire was discussed, and the

Pakistan

The IMF imposed 11 new conditions on Pakistan to release the next tranche of its bailout, including parliamentary approval of a PKR 17.6 trn budget

India

India’s trade deficit widened to USD 26.42 bln in April, the highest in five months, as imports jumped 19.1% YoY to USD 64.91 bln while

United Kingdom

China reduced its US Treasury holdings by USD 18.9 bln to USD 765.4 bln in March, falling to third place behind the UK. The move

Bangladesh

Bangladesh’s trade deficit narrowed 2.1% YoY to USD 15.43 bln in the first three quarters of FY2024–25, with exports up 9.5% YoY to USD 33.87

Afghanistan

Afghanistan signed a deal with Russia’s Inteko Group on oil production and refining, agreed during the Kazan Forum in Tatarstan. Inteko has already conducted geological

China

Crude oil prices rose by 1.4% to USD 62.5/bbl on Friday, gaining over 2% for the week. Markets were lifted by easing US-China trade tensions,