Costa Rica
Costa Rica aims to conclude tariff relief talks with the US within weeks, targeting zero tariffs after new 10% baseline levies were imposed by Washington.
June 17, 2025
Costa Rica aims to conclude tariff relief talks with the US within weeks, targeting zero tariffs after new 10% baseline levies were imposed by Washington.
Tanzania’s central bank signed deals with four mining companies to purchase 20% of their gold output, as required by law. The move aims to boost
Nigeria’s inflation slowed for a second month to 23% YoY in May, down from 23.7%, supported by stable currency and energy costs. Core inflation dropped
Mali placed Barrick’s Loulo-Gounkoto gold mine under six-month provisional state management, escalating a dispute over taxes and royalties. Barrick called the move illegal and turned
Kenya is hosting an IMF mission to assess corruption risks across public finances and key institutions. The review will inform a new IMF program aimed
Ghana’s long-term foreign currency rating was upgraded by Fitch to B- from RD, citing normalized talks with most external creditors after restructuring USD 13.1 bln
Iran signaled openness to de-escalation with Israel and resuming nuclear talks with the US, while warning of a proportional response to Israeli attacks. The fourth
Uzbekistan’s central bank has maintained interest rates at 14.0%. The bank cited heightened inflationary risks and global economic uncertainty.
Kyrgyzstan’s economic growth reached 12.3% in January to May 2025, compared to the previous year. Growth was especially supported by commodities and services.
Kazakhstan has selected Russia and China to lead construction of its first nuclear power plants; Russian RosAtom has won the first contract, estimated at a
Kazakhstan for the second China-C5 summit, alongside bilateral meetings. The meeting took place at the same time as G7 meetings in Canada. Further, Kazakhstan Development
Thailand is expected to cut rates by 25 bps to 1.5% on June 25, as growth risks mount and tourist arrivals slump. Weak household spending
China’s President Xi visited Kazakhstan ahead of the G7 summit, aiming to deepen ties and hedge against US tensions. China is a top-5 investor in
Bangladesh’s bad loans surged to a record BDT 4.2 trln in March, up from BDT 1.8 trln a year earlier, now making up 24.1% of
Bangladesh received a USD 250 mln World Bank loan to improve government transparency and accountability, targeting agencies such as the tax board and procurement authority.