Day: June 30, 2025

Paraguay

Paraguay passed its fifth PCI and third RSF review with the IMF, unlocking USD 285 mln. Real GDP grew 4.2% in 2024 and is forecast at

Jamaica

Jamaica’s 2025-2026 budget includes tax relief for pioneer industries, GCT exemptions for MSMEs, reduced electricity tax, and a PAYE threshold increase. VASP regulation and a two-year

Colombia

Colombia’s central bank held its rate at 9.25%, citing fiscal deterioration and tight global conditions. Moody’s and S&P downgraded the country amid a projected 7.1% budget

Tanzania

Tanzania secured a USD 448.4 mln disbursement from the IMF after completing its fifth review under the Extended Credit Facility and second under the Resilience and

South Africa

South Africa’s coalition government survived after the Democratic Alliance opted to remain despite Ramaphosa’s dismissal of its deputy minister. However, the DA will boycott the national

DR Congo

DR Congo and Rwanda signed a US-backed peace deal to end years of conflict in eastern Congo. The agreement includes a ceasefire, halt to rebel support, and refugee

Iran

Israel’s natural gas exports to Egypt returned to normal at 1 bln cubic feet per day following a truce with Iran. This marks a recovery from 260 mln

Serbia

Serbia saw violent clashes between police and anti-government protesters in Belgrade, with dozens arrested and use of stun grenades. Demonstrations were triggered by a fatal

Russia

Ukraine reported that Russia launched 537 drones and missiles in one night, with 475 intercepted. The attacks targeted seven regions. While some progress was made

Russia

Russia resumed LNG activity at its Arctic LNG 2 facility, docking a tanker for the first time since US sanctions stalled the project in October.

India

India extended trade talks in Washington by one day ahead of a July 9 tariff deadline. A deal is reportedly close but key disputes remain, including

Bangladesh

Bangladesh’s new exchange rate regime is a “transitional reform” aimed at achieving full flexibility over time, said IMF mission chief Papageorgiou. The IMF noted five weeks