Suriname has reached a last-minute agreement with creditors to extend the deadline for payments on two global bonds until Thursday, the country's finance minister said on Wednesday.
A lack of access to vaccines is dampening economic recovery in sub-Saharan Africa and the region will lag behind developed nations for years, the International Monetary Fund said on Thursday.
Most emerging market stocks and currencies fell on Thursday as concerns over inflation dented sentiment, with Turkey's lira leading losses amid uncertainty over a central bank meeting later in the day.
Interest rate increases are expected to continue across Latin America as the region reacts to inflation pressures, even as economies operate below their potential, the International Monetary Fund said on Thursday.
A lack of access to vaccines is dampening economic recovery in sub-Saharan Africa and the region will lag behind developed nations for years, the International Monetary Fund said on Thursday.