Day: August 15, 2025

Peru

Peru’s central bank held its rate at 4.5% for a third month, citing near-target inflation at 1.7% and rising global trade restrictions. It is monitoring

Costa Rica

Costa Rica’s 2025 GDP is projected at 3.5%, down from the 5% average since 2021 but still outperforming the region. The IMF praised strong fundamentals,

Zambia

Zambia’s central bank kept its policy rate at 14.5% to consolidate progress on lowering inflation. The BoZ is expected to hold steady until starting a

South Africa

South Africa’s government is negotiating with lenders to fund a credit-guarantee vehicle for private-sector infrastructure investment, contributing ZAR 2 bln in equity toward a ZAR

Namibia

Namibia’s central bank supports adopting the South African Reserve Bank’s lower inflation target, estimating it could cut headline inflation by 1.5 ppts by 2028 with

Mozambique

Mozambique’s state revenues reached EUR 2.302 bln by June, equal to 44.5% of the annual forecast, with spending coming in even lower as the economy

Mauritius

Mauritius’ central bank left its key rate at 4.5%, citing a prudent stance amid medium-term risks from tariff-driven global inflation. It pledged to act between

Serbia

For a second night, violent clashes erupted across Serbia as anti-government protesters and ruling party supporters confronted each other in multiple cities. Protests were originally

Vietnam

Vietnam will halve dong reserve ratios for banks absorbing weaker lenders to encourage consolidation and reduce funding costs. This follows January’s forced transfers of two

Malaysia

Malaysia’s GDP grew 4.4% YoY in Q2, missing forecasts. The central bank expects weaker external demand ahead and has cut its 2025 growth forecast to

India

India’s Prime Minister Narendra Modi announced tax cuts and GST reforms in his Independence Day speech, urging higher domestic production quality to boost self-reliance.