Paraguay
Paraguay’s central bank held its rate at 6% for the 14th consecutive month. Inflation eased to 4% in April. The bank reaffirmed its inflation-targeting mandate
May 27, 2025
Paraguay’s central bank held its rate at 6% for the 14th consecutive month. Inflation eased to 4% in April. The bank reaffirmed its inflation-targeting mandate
Costa Rica faces pressure from Trump’s 10% blanket tariff on US imports. Trade Minister Tovar held talks with USTR in Washington to seek exemption for
Argentina’s GDP grew 6.1% YoY in Q1 2025, supported by trade, construction, and agriculture. However, March activity fell 1.8% MoM—first drop since Apr 2024—signaling momentum
South Africa plans to recover ZAR 400 bln (USD 22.5 bln) in unpaid taxes by hiring 1,700 debt collectors in 2025. SARS targets collecting ZAR
Senegal’s Amadou Hott, a contender for AfDB presidency, called for mobilizing Africa’s USD 4.5 tln in private assets for development, and proposed creating a regional
Kenya released 200,000 bags of corn from its National Strategic Grain Reserve at a subsidized KES 4,250 per 90kg to millers, aiming to curb flour
Iraq, Egypt, and Saudi Arabia signed an MoU to jointly develop a section of the Al-Rafeel economic city west of Baghdad. Plans include schools, hotels,
Ghana’s central bank is expected to begin cutting its 28% policy rate in Q3, according to Goldman Sachs, as inflation eases faster than expected. Forecasts
Ghana met IMF’s debt-to-GDP threshold (55%) three years ahead of schedule. Trade surplus hit USD 4.1 bln (4.7% of GDP), driven by gold and cocoa
Egypt received 14 LNG supply offers for 18-month to 3-year contracts as local production slows. Contracts to cover summer needs will be awarded next week.
Kyrgyzstan held its policy rate at 9.00%, citing strong growth and stable inflation. YTD inflation stands at 2.9%, annual at 7.7%. GDP surged 11.7% YoY
Kazakhstan resumed wheat shipments to Vietnam for the first time since 2017, dispatching 15,000 tonnes via a multimodal route through China’s Lianyungang port to Hai
Vietnam signed EUR 9 bln worth of contracts with France during President Macron’s visit, including VietJet’s purchase of 40 Airbus A330 jets. Agreements span defense,
Sri Lanka and New Zealand held bilateral talks to strengthen trade, tourism, and agriculture ties during Deputy PM Winston Peters’ 5-day visit. The relationship has
Singapore, Malaysia, and Vietnam power companies signed an “industry alliance” to explore cross-border renewable electricity trading, particularly offshore wind from Vietnam. The pact supports ASEAN’s
Indonesia’s central bank will inject IDR 78.45 tln (~USD 4.84 bln) in liquidity starting June by lowering the secondary reserve requirement from 5% to 4%.
China’s central bank (PBoC) directed major lenders to increase the share of yuan in cross-border trade settlements to 40% from 25%, aiming to reduce reliance