Azerbaijan
- Rising domestic demand and reconstruction in Nagorno-Karabakh boost economic activity
- Inflation will pick up as demand rebounds, supported by increased fiscal spending
- The central bank will keep the currency peg
Mongolia
- Strong coal exports and supportive fiscal policies will keep GDP growth high in 2024
- Moderating import prices and exchange rate stability will keep inflation lower this year
- The BoM will keep strong grip on the currency
Mozambique
- Weak demand and no new installed mining capacities will slow down growth
- Subdued demand and lower import prices will further decelerate inflation
- As import needs recover in late 2024, the metical will return to a mild depreciation path
Tunisia
- Growth will remain slow in the coming years, hindered by fiscal consolidation
- Inflation will remain elevated amid deficit monetization, followed by price liberalization
- The CBT will maintain control of the currency in the short term
Read the forecasts in details on our Macro Portal.
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Forecast updates in May: