Armenia
- Promising peace deal with Azerbaijan has a good chance of improving the country’s outlook
- Prudent monetary policy will keep inflation close to the inflation target
- The currency depreciation will accelerate in line with the deteriorating Russian outlook
Rwanda
- Loose policies support strong growth, but pile up underlying vulnerabilities
- Monetary policy will tighten, bringing inflation back towards the inflation target
- Weak external balance will keep the exchange rate on a steady depreciation path
Samoa
- Growth will decelerate as the recent drivers like tourism sector growth have been exhausted
- Large accumulated buffers will keep the exchange rate peg in place
- Inflation will remain low in line with maintaining the currency peg
Vanuatu
- Growth outlook is pessimistic due to frequent natural disasters and lack of foreign investment
- Sustained foreign support and remittances inflow will support the exchange rate peg
- Inflation will remain low, supported by the currency peg
Read the forecasts in details on our Macro Portal.
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Forecast updates in September:
