Inflation

Turkish Central Bank raises inflation forecast for 2025

Türkiye’s Central Bank on Friday raised its year-end inflation forecast for 2025 while keeping it unchanged for 2026.

Chad ceases military cooperation with France

Chad's foreign ministry has announced plans to assert its sovereignty and redefine strategic partnerships, following France's troop withdrawals from Mali, Niger, and Burkina Faso. Chad hosts 1,000 French troops and various military assets for security cooperation.

IMF Approves Third Review of Sri Lanka's $2.9bn Bailout

The IMF has approved the third review of Sri Lanka's $2.9 billion bailout, releasing $333 million in funding. While signs of economic recovery emerge, the country still faces critical debt restructuring challenges to move forward with the programme.

Turkish central bank holds rate at 50%, warns on inflation

Resilient Turkish inflation tempers rate cut expectations

Turkish annual inflation dropped to 49.38% in September, but a higher-than-expected monthly rate of nearly 3% raised caution from the central bank. With the policy rate now above annual CPI, analysts predict interest rate cuts may not begin until next year despite earlier expectations.