This week, representatives from some of the world’s largest central banks are meeting to analyze the consequences of the conflict in the Middle East. Rising energy costs are expected to trigger higher prices.
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International agency kept Morocco’s Ba1 long-term debt rating in local and foreign currency but revised the outlook from stable to positive. Fiscal performance was one of the reasons.
An International Monetary Fund staff team was in Damascus from February 15 to 19 to meet with local authorities.
The researcher will discuss economic outlook for 2026 in the “ABCC Connects” series next Monday (9).
The International Monetary Fund says economic diversification beyond oil will only come with the adoption of structural reforms. The institution projects GDP growth of 2.6% this year and 3.8% in 2026.
After completing a World Bank program, the African Development Bank Group announced an additional cancellation of the country’s financial obligations and a grant of USD 19.7 million to help improve living conditions for internally displaced persons.
Brazil’s gross domestic product rose 0.1% in the third quarter compared to the previous three months and 1.8% year-on-year, reaching USD 602 billion.
After visiting the country earlier this month, an International Monetary Fund team sees prospects for economic improvement and agreed on technical assistance to strengthen Syria’s fiscal framework and monetary policy.
The projected growth represents a slowdown compared to last year, when the country expanded by 6.3%. Prospects, however, remain positive, according to the IMF.
Alongside cuts in foreign aid, climate shocks will impact the country’s economy this year, says the International Monetary Fund, following a meeting to discuss a new financial disbursement.
The international agency upgraded the country’s score from CCC+ to B- with a stable outlook, citing a lower current account deficit, foreign investment, and partner disbursements.
The Brazilian economy grew in the first quarter of the year but rose more—2.2%—compared to the second quarter of 2024, according to official IBGE data.
An IMF analysis indicates a decline in oil GDP, but domestic consumption and government projects will sustain growth in other sectors and the country as a whole.
A survey conducted by the IMF shows that consumption, government investments, and job creation are responsible for the expansion of the Gulf country.
