Bolivia
- Growth is set to rebound but long term prospects remain subdued
- Inflation will see a temporary uptick due to removal of subsidies
- After the recent devaluation, Boliviano will follow a moderate depreciation path
Ethiopia
- Growth will gradually moderate as fiscal policy tightens
- Inflation will slow down in late 2027 as global oil prices moderate
- Birr will continue to depreciate as the current account remains in deficit
Mongolia
- Fiscal stimulus will support the economy next year with growth moderating in 2028
- Inflation will peak in early 2027 as fuel price shocks overlap with the fiscal stimulus
- Strong mining exports will keep Tugrik stable this year
Read the forecasts in detail on our Macro Portal.
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Forecast update in December:
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