OGResearch Macro Portal Newsletter -- April 2025

 

April 8, 2025

Bangladesh

  • Ongoing structural reforms will build a basis for continued high growth
  • Tight policies will bring inflation gradually to its long-term average
  • IMF requirement for the foreign reserves accumulation will necessitate further taka depreciation

Georgia

  • Fading of positive UA war spillovers and domestic political disturbances will decelerate the economic momentum
  • Inflation will pick up on account of robust domestic demand and currency depreciation
  • The central bank will let the FX depreciate due to low level of FX reserves

Kazakhstan

  • Strong growth will persist in 2025 as the fiscal policy will remain supportive
  • High demand pressures and announced tariff adjustments will accelerate inflation
  • Tenge will face renewed pressure later this year once oil export revenues decline

Laos

  • Continued Chinese support will be essential to avoid default
  • Inflation will continue decelerating with tight policies
  • A mild exchange rate depreciation will continue to keep external balance sustainable

Read the forecasts in details on our Macro Portal.

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Forecast updates in April:

  • Ethiopia
  • Mongolia
  • Sri Lanka
  • Tajikistan