Peru
Peru’s central bank (BCRP) revised its 2025 growth forecast down to 3.1% from 3.2%, citing weak metallic mining. Primary GDP for 2026 was revised to
June 23, 2025
Peru’s central bank (BCRP) revised its 2025 growth forecast down to 3.1% from 3.2%, citing weak metallic mining. Primary GDP for 2026 was revised to
The Dominican Republic’s remittance inflows rose 11.1% YoY to USD 986 mln in May. Cumulative Jan–May inflows reached USD 4.9 bln, up 11.9% YoY. BCRD
Costa Rica’s central bank (BCCR) kept its policy rate at 4.0%, unchanged since October 2024. The board was divided on the decision, citing trade tensions,
Colombia’s President Gustavo Petro proposed holding a referendum alongside the 2026 elections to create a constituent assembly for constitutional reform. Congressional leaders and legal experts
Rwanda’s GDP grew 7.8% YoY in Q1 2025, slightly below Q4’s 8% growth, marking the slowest pace since Q3 2023. The industry and services sectors
Nigeria and Benin signed a bilateral integration agreement on June 21 during the West Africa Economic Summit in Abuja, aiming to deepen cooperation and serve
Ivory Coast projected a fivefold increase in oil output to 500,000 bpd by 2035, driven by offshore field expansions and USD 16 bln in energy
Ghana’s PPI inflation dropped to 10.2% YoY in May from 18.5% in April, its lowest since Nov 2023. Ex-factory prices fell 4.2% MoM. Mining and
Israel resumed gas exports to Egypt via the Tamar field after a six-day halt triggered by conflict with Iran. The Leviathan field remained closed. Before
Burkina Faso received a USD 32.8 mln disbursement after the IMF completed the third ECF review. While 2024 fiscal criteria were missed by 0.6% of
Macedonia’s Finance Minister Dimitrieska-Kochoska has stated the country is planning for its next Eurobond issuance in 2026, of at least EUR 700 mln notional size.
In Mongolia, following the appointment of former foreign minister Zandanshatar Gombojav as the new prime minister, a new cabinet has been formed, with ministers taken
Armenia’s central bank cut its 2025 economic growth forecast to 4.6-5.1%, down from a previous estimate of 4.5-7.0%, as it cites weaker export and import
Armenian PM Pashinyan is in Turkey to meet with President Erdogan, the first official visit in the history of independent Armenia. The two countries do
Analysts now expect Ukraine’s economy to expand 3.1% this year, down from previous estimates of 3.6%. Expectations for growth next year have been revised down
Vietnam’s Communist Party chief To Lam prepared to visit the US to finalize a trade deal with President Trump. Lam aimed to reduce Vietnam’s trade
Thailand and Cambodia escalated tensions by closing multiple border crossings. The dispute stemmed from a leaked phone call between Thailand’s PM Paetongtarn Shinawatra and Cambodia’s
Nepal’s Prime Minister KP Sharma Oli announced the discovery of 112 bln cubic meters of methane gas in the western Dailekh district. The Department of
Indonesia’s interest payments were projected to peak at 2.5% of GDP in 2026–2028, up from a prior estimate of 2.4% in 2025. Analysts stated that