OGResearch Macro Portal Newsletter -- March 2025

 

March 3, 2025

Angola

  • Maturing oil fields will hinder economic growth
  • Inflation will remain elevated due to the BNA’s low credibility
  • The kwanza will depreciate closer to the parallel market values

Madagascar

  • Growth will slow down in 2025 due to ongoing fiscal consolidation
  • Energy price reform and food prices pressures will temporarily push inflation up
  • High inflation differential will keep the exchange rate depreciating

Papua New Guinea

  • Increasing gold and LNG production will accelerate GDP growth
  • Inflation will accelerate as betel nut prices normalize and depreciation pushes for higher import prices
  • As imminent currency pressures subside, the currency crawl will slightly decline

Read the forecasts in details on our Macro Portal.

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Forecast updates in March:

  • Bangladesh
  • Georgia
  • Kazakhstan
  • Laos