OGResearch Macro Portal Newsletter -- March 2022
April 4, 2022
March forecast highlights:
Democratic Republic of the Congo
- Restarted cooperation with IFIs has improved the country’s outlook
- We expect inflation to pickup gradually, driven by increasing global prices
- The currency will gradually depreciate in medium-term amid weak fundamentals
Moldova
- We have revised the country's outlook down on the back of war in Ukraine
- The pressures on the exchange rate will intensify in the next months
- Inflation will remain elevated in the short term, driven by higher utility prices
Tajikistan
- Negative Russian economy prospects have worsened the outlook for Tajikistan
- The fiscal outlook remains weak and source of risks
- We expect a substantial exchange rate adjustment and a spike in inflation to occur in 2022–2023
Forecast schedule:
Recent forecast updates:
Upcoming forecast updates:
- Azerbaijan - Apr 19
- Mozambique - Apr 4
- Ukraine - Apr 19
