20 May 2020
Short-term political risk and commercial risk: Further downgrades due to global recession induced by covid-19 pandemic
As the covid-19 health and economic shock further deteriorates countries’ external liquidity and the business environment on a world scale, ...
Bosnia and Herzegovina
Cyprus (Greek) (South)
St.Kitts and Nevis
19 May 2020
European Commission approves Credendo’s initiatives to support Belgian economy
The European Commission has approved the support measures for the Belgian economy set up by ...
18 May 2020
Senegal: IMF-approved emergency financing providing vital liquidity to deal with COVID-19 impact
On 7 May, Senegal reported 1492 positive COVID-19 cases (13 deaths). Early on, the government declared a national state of emergency and ...
14 May 2020
South Asia: Covid-19 pandemic is a sharp shock for the sub-region, amplified by India’s economic slump
Economic tumble in South Asia
13 May 2020
MENA region: Two shocks at once put severe liquidity pressure on oil exporters with limited buffers
In January this year, the outlook for the MENA region was one of continued economic growth, albeit at a subdued rate in most countries. The average ...
UAE - United Arab Emirates
07 May 2020
Debt service suspension for poorest countries
On March 25, 2020, the President of the World Bank and the Managing Director of the IMF issued a joint statement to call for debt service relief in ...
06 May 2020
Credendo’s annual report: excellent year and limited impact of covid-19 on 1st quarter of 2020
Credendo is publishing its annual report, revealing excellent figures for 2019. The group’s operating result increased by 22% to 46.5 million ...
05 May 2020
Turkey: Turkish lira under renewed pressure as economy is hit hard by covid-19 pandemic
Sharp contraction of the economy in the cards
29 Apr 2020
Russia: Large buffers but not immune to fallout from covid-19 pandemic
Sharp drop in real GDP expected