Day: September 1, 2025

Dominican Republic

The Dominican Republic’s central bank kept its key rate unchanged at 5.75% on Aug. 29, along with the overnight deposit rate at 4.50% and the

Brazil

Brazil’s gross public debt rose to 77.6% of GDP (BRL 9.6 t;n) in July, up 0.9 ppt from June. The increase reflected nominal interest (+0.8

Zambia

Zambia’s inflation fell to 12.6% in August from 13% in July, its lowest in almost two years, as the kwacha strengthened 19% YTD on higher

Nigeria

Nigeria’s corporates increasingly issued short-term debt to avoid high long-term financing costs. From June 2024 to June 2025, companies raised NGN 1.8 tln(USD 1.2 bln)

Mozambique

Mozambique approved projects worth over USD 4.2 bln in H1 2025, mainly in industry, agro-industry, and tourism. At the FACIM trade fair, officials highlighted South

Ethiopia

Ethiopia signed a USD 2.5 bln agreement with Dangote to build a fertilizer plant with 3 mln tonnes annual capacity. The project, expected to be

Egypt

Egypt’s central bank cut its key policy rates by 200 bps, lowering the overnight deposit rate to 22% and lending rate to 23%. The MPC

Algeria

Algeria’s President Tebboune dismissed Prime Minister Nadir Larbaoui and named Industry Minister Sifi Ghrieb as acting premier. Larbaoui, a former diplomat, was appointed in 2023,

Kazakhstan

The National Bank of Kazakhstan will raise minimum reserve requirements starting September, a move expected to absorb up to KZT 3.5 tln (USD 6.5 bln)

Kazakhstan

Kazakhstan’s central bank held its policy rate at 16.5%, citing still-elevated inflation driven by fiscal support and consumer lending, while warning further tightening may be

Georgia

Georgia’s GDP grew by 6.5% YoY in July, slightly up from 6.3% in June, and compared to an average of 8.0% growth rate this year

Russia

German Chancellor Merz said a meeting between Ukrainian President Volodymyr Zelenskiy and Vladimir Putin is unlikely, despite earlier suggestions from Donald Trump, while the US

Philippines

Philippines’ central bank cut its policy rate by 25 bps to 5.0%, its third straight reduction, after July inflation eased to a near six-year low

Laos

Laos set September priorities focused on economic resilience, infrastructure, and stability following a two-day government meeting with provincial leaders. Inflation dropped to 5%, reserves covered

India

India’s GDP expanded 7.8% YoY in Q2 2025, accelerating from 7.4% in the prior quarter and surpassing expectations of 6.6%. Growth reached its fastest pace