The economy continues to face challenges
from increased conflict and economic instability. Rapid kyat
depreciation and high inflation have reduced household
consumption....
Type: BriefReport#: 193976Date: October 1, 2024Author:
World Bank
Real GDP growth is expected to slow from
5.2 percent in FY24 to 4.0 percent in FY25, driven by
subdued investment and industrial growth in the aftermath of
student-led...
Type: BriefReport#: 194061Date: October 1, 2024Author:
World Bank
Cambodia’s real GDP growth is
projected to reach 5.3 percent in 2024, compared to 5.0
percent in 2023, driven mainly by services and goods
exports. Amid the economic...
Type: BriefReport#: 193967Date: October 1, 2024Author:
World Bank
Gabon’s economy grew by 2.4
percent in 2023, a lower growth compared to 2022, impacted
by logistical disruptions. Triggered by the August 2023
coup, the ongoing...
Type: BriefReport#: 194108Date: October 1, 2024Author:
World Bank
The Colluli potash mine project is
expected to support a modest increase in GDP growth to an
estimated 2.8 percent in 2024. Lower global food prices are
expected to...
Type: BriefReport#: 194105Date: October 1, 2024Author:
World Bank
Mauritius’ economy is
expected to grow by 5.6 percent in 2024, supported by a
pick-up in tourism and investment in response to easing
labor regulations for foreigners....
Type: BriefReport#: 194120Date: October 1, 2024Author:
World Bank
Stronger cashew exports and falling
inflation will support growth of 5 percent in 2024, reducing
poverty to 23.4 percent ($2.15 per-person per-day PPP 2017).
Expenditure...
Type: BriefReport#: 194112Date: October 1, 2024Author:
World Bank
Growth will be driven by investments
associated with Phase II of the Lesotho Highlands Water
Project (LHWP-II), increasing in 2024 and 2025, and
moderating thereafter....
Type: BriefReport#: 194114Date: October 1, 2024Author:
World Bank
Growth is set to slightly decelerate in
2024 partly due to the impact of the December 2023 fuel
depot explosion. The fiscal deficit is projected to widen to
3.0 percent...
Type: BriefReport#: 194111Date: October 1, 2024Author:
World Bank
Economic growth rose to 5.3 percent in
FY23/24 and is projected to increase further in the short to
medium term due to the commissioning of new hydropower
plants and...
Type: BriefReport#: 194062Date: October 1, 2024Author:
World Bank
Real GDP growth is expected to slow from
5.2 percent in FY24 to 4.0 percent in FY25, driven by
subdued investment and industrial growth in the aftermath of
student-led...
Type: BriefReport#: 194061Date: October 1, 2024Author:
World Bank
Indonesia is growing at 5 percent amid
stable macro conditions. Poverty fell from 17.5 in 2023 to
15.8 percent in 2024, but quality job creation has lagged
due to COVID...
Type: BriefReport#: 193971Date: October 1, 2024Author:
World Bank
Growth in 2024 is expected to recover to
5.7 percent (1.8 percent per capita) with the sanctions
lifted in February 2024 and resumption of financing.
However, the expected...
Type: BriefReport#: 194124Date: October 1, 2024Author:
World Bank
The economy continues to face
significant challenges from both global and domestic
sources. Despite showing resilience amid concurrent shocks,
policy slippages have...
Type: BriefReport#: 194129Date: October 1, 2024Author:
World Bank
Economic growth is moderating after the
rebound in the oil sector in 2023, but recent growth in the
non-oil sector has reduced unemployment to a record low and
tighter...
Type: BriefReport#: 194041Date: October 1, 2024Author:
World Bank
Morocco weathered overall well the
recent overlapping economic and climate shocks thanks to a
strong macroeconomic policy framework and government
response. Although...
Type: BriefReport#: 194047Date: October 1, 2024Author:
World Bank
In recent decades, El Salvador has
sustained stable, albeit low growth, achieving reductions in
poverty and inequality, although progress on poverty has
slowed since...
Type: BriefReport#: 194017Date: October 1, 2024Author:
World Bank
Growth is recovering in 2024 as tight
fiscal and monetary policies are gradually relaxed, but
inflation is proving stubborn on the last mile towards
target and reforms...
Type: BriefReport#: 194011Date: October 1, 2024Author:
World Bank
Paraguay’s economy is
expected to grow by 3.9 percent in 2024, supported by a
healthy soybean harvest. Growth would be faster if not for
uneven rainfall, which...
Type: BriefReport#: 194027Date: October 1, 2024Author:
World Bank
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