Posts in Country Reports

Category: Country Reports

  • May 2022

    May 2022

    Overview. This month has been notable for the widespread and damaging fuel shortages which have grounded businesses across the country. C19 has disappeared from the discussion, except when flying between East African Countries, where tests are still required. General. A national holiday has been declared over the final weekend of the month to celebrate the…

  • May 2022

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    Overview. The US terrorism designation applied to the Islamic Revolutionary Guards Corps (IRGC) is the major blocker to renewal of the JCPOA. Both sides will find it hard to row back on statements made and commitments given on the issue, but it will now be critical to securing an agreement.…… Read the rest

  • April 2022

    April 2022

    Overview. The highlight this month was some real political debate around real subjects in the race for presidency, including how to tackle Kenya’s debt and how to invigorate the economy, rather than the usual tribal bickering. While the war in Ukraine is still impacting the NSC, some banks have posted some considerable growth results over…

  • April 2022

    April 2022

    Overview. Ruling party Awami League’s General Secretary has said that BNP has no alternative than to follow democratic principles and that they (BNP) had taken destructive measures to avoid taking part in elections. The central bank has urged caution in opening letters of credit (LC) with Russian banks in the wake of the ongoing Russia-Ukraine…

  • April 2022

    April 2022

    Overview. March has been largely defined by the Opposition’s no confidence move against PM Khan, and associated rallies by both sides. C19. The NCOC has revised the policy for inbound passengers, no longer requiring a pre-flight negative PCR test result for fully vaccinated inbound travelers. Un-vaccinated passengers over the age of 12 will still be…

  • April 2022

    April 2022

    Overview. Kazakhstan is vicariously suffering under sanctions against Russia. A declaration of force majeure at the CPC facility in Novorossiysk is affecting the Kazakh oil industry. Maintaining open doors tor foreign investments remains a key Kazakh strategic priority. New legislation, regulation and increased tax to control crypto mining business are being introduced.…… Read the rest

  • April 2022

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    Overview. The release of long-held dual national prisoners, the payment of a sizeable outstanding debt by the UK to Iran and encouraging noises from negotiators made a revived deal look closer than ever this month. The last-minute potential Russian spoiler appears to have lost its edge, although nothing of substance has actually been proffered by…

  • April 2022

    April 2022

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    Overview. Ramadan approaches. Traditionally this is a time of reflection and celebration, marked with huge family meals celebrating the end of each day’s fast - this year it is shaping up to be a little different. As the world looks to Ukraine, Egyptians look to their dinner tables and the cost of bread they consume.………

  • March 2022

    March 2022

    Overview. BNP Secretary General Mirza Fakhrul Islam Alamgir has alleged that the government are giving false and overinflated statistics regarding Bangladesh’s foreign exchange reserves and per capita income. Bangladesh’s economy grew by 6.94% in the last fiscal year, according to the Bangladesh Bureau of Statistics, while pharma companies maintained their strong growth in the first…

  • March 2022

    March 2022

    Overview. Security continues to deteriorate across Pakistan, especially in the Afghan border provinces. There is potential for a release from the FATF grey-list in the month ahead, as a plenary sits now as we type in Paris to consider Pakistan’s compliance with their conditions. The IMF has sounded a hopeful note, and provided the Pakistan…