FiscalStrategy

Kenya Navigates Financial Waters: $1.5 Billion UAE Loan Deferred Amid IMF Funding Worries

1 month ago

In a significant development in international finance, Kenya has opted to delay the approval of a substantial $1.5 billion loan from the United Arab Emirates (UAE). This postponement comes amid rising concerns regarding the nation's ongoing negotiations with the International Monetary Fund (IMF) for a crucial funding program.

Uruguay Strategically Maintains Key Interest Rate at 8.5% Amid Inflation Cooling

1 month ago

In a pivotal move for Uruguay's economic landscape, the Central Bank of Uruguay has decided to keep its benchmark interest rate steady at 8.5%. This decision, aimed at fostering a gradual slowdown in inflation, reflects the government's commitment to stabilizing the national economy while encouraging sustainable growth.

Key Advisor Advocates for Coordination Between Ishiba and BOJ to Combat Japan's Deflationary Pressures

2 months ago

In a recent development concerning Japan's economic landscape, a top aide to prominent political figure Shigeru Ishiba emphasized the necessity for a unified approach between political leadership and the Bank of Japan (BOJ) in addressing the persistent issue of deflation. This statement comes as Japan grapples with stagnant prices and economic growth, a phenomenon that has continued to challenge policymakers for years.