Peru
Peru’s economic activity grew 4.52% YoY in June but is expected to moderate in July to 3.0%, per central bank economist Adrian Armas. Full H2
August 18, 2025
Peru’s economic activity grew 4.52% YoY in June but is expected to moderate in July to 3.0%, per central bank economist Adrian Armas. Full H2
Colombia’s GDP grew 2.1% YoY in Q2, missing most forecasts. The result bolsters government pressure on the central bank to ease further. GDP grew just
Bolivia held elections amid its worst economic crisis in a generation. Annual inflation is nearing 25% and the country faces severe fuel and FX shortages.
Tunisia’s economy grew 3.2% YoY in Q2 2025, supported by agriculture (+9.8%) and manufacturing (+3.9%). However, exports fell 9.6% while imports rose 8.9%, according to
Lebanon’s local currency debt rating was upgraded by S&P to CCC from CC after a February 2025 government formation revived IMF-related reforms. The foreign currency
Ethiopia’s sovereign wealth fund made its first foreign investment by acquiring a 7.4% stake in Norwegian gold miner Akobo Minerals for USD 3 mln. The
DR Congo and the M23 militia received a draft peace agreement from Qatari mediators. Both sides previously signed a declaration of principles in July and
Cameroon’s oil output dropped 13.6% YoY to 4.91 mln barrels in Q1, while gas production fell 9%. Exports declined 28% to USD 378 mln, according
Botswana’s inflation slowed to 1.1% YoY in July from 2.0% in June, with prices falling 0.7% m/m. Urban inflation was 0.8% YoY, down from 1.7%.
Algeria is close to finalizing a deal with ExxonMobil and Chevron to tap its shale gas reserves for the first time, with strong interest driven
Kazakhstan’s GDP grew 6.2% YoY in 1H25, with a record 9.3% growth in the short-term activity indicator in July, surpassing the previous peak level seen
Citigroup is working on a USD 750 mln to 1 bln “debt-for-reconstruction” swap to help Ukraine refinance and fund war-damaged infrastructure, potentially with backing from
Thailand’s lower house passed a THB 3.78 tln budget to support economic recovery, with 257 lawmakers backing the bill. Finance Minister Pichai pledged transparency and
Pakistan’s central bank reserves rose by USD 11 mln to USD 14.24 bln in the week ending August 8. Total reserves including commercial banks reached
Nepal received USD 172 mln in pledged FDI during July, the first month of its FY2025/26. This compares to USD 4.3 mln a year earlier.
Laos maintained a positive Q3 2025 economic outlook, with GDP expected to grow 4.0%. Agriculture, industry, and services are forecast to expand 3.7%, 3.6%, and
India’s and Pakistan’s monsoon floods caused severe devastation across South Asia, killing at least 307 in Pakistan and around 60 in India’s Jammu & Kashmir.