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Burundi’s GDP growth is forecasted to decline from 2.2% in 2024 to 2.1% in 2025 due to weak domestic demand and increased military spending. Growth is expected to accelerate to …
Projected Economic Growth Decline for Burundi in 2025 Read MoreFitch’s report indicates that Kenya’s new Ksh10 billion capital requirement for banks will reduce non-performing loans (NPLs) and credit risks, fostering credit growth. The phased increase in capital requirements calls …
Fitch: Kenya’s New Ksh10 Billion Capital Requirement to Improve Banking Sector Stability Read More
Sri Lankan President Anura Kumara Dissanayake will visit China in January for discussions with the country’s largest bilateral lender, following a successful foreign debt restructuring. This comes as Sri Lanka’s …
Sri Lanka President Anura Kumara Dissanayake Plans Visit to China Read More
Sri Lankan President Anura Kumara Dissanayake plans to visit China in January following the crucial restructuring of foreign debt that has affected the country’s economy. After securing an IMF rescue …
Sri Lanka President Dissanayake to Visit China Amid Economic Recovery Efforts Read More
Fitch Ratings upgraded Oman’s outlook to positive owing to strengthened fiscal measures, projecting GDP growth of 1.8% in 2024. Meanwhile, Egypt’s economic outlook was downgraded to 3.7% for FY 2024/2025, …
Fitch Ratings Revises Oman’s Outlook to Positive, Downgrades Egypt’s Growth Forecast Read More