Ecuador faces significant challenges
centered around structurally low growth, low-quality
employment, and strained fiscal accounts. The government
passed reforms that...
Type: BriefReport#: 194016Date: October 1, 2024Author:
World Bank
The economy continues recovering from
Cyclone Kenneth and COVID-19, driven by private consumption
and investments in tourism and transport infrastructure.
Growth is...
Type: BriefReport#: 194096Date: October 1, 2024Author:
World Bank
Diversification efforts are well
underway, with a robust performance of the non-hydrocarbon
sector. Sustained fiscal reforms have helped improving
fiscal and current...
Type: BriefReport#: 194037Date: October 1, 2024Author:
World Bank
Economic growth is expected to slow to
4.0 percent in 2024 due to subdued activity in agriculture
and extractive sectors. Despite fiscal consolidation
efforts, pressures...
Type: BriefReport#: 194122Date: October 1, 2024Author:
World Bank
Economic growth continues to be
undermined by persistent macroeconomic instability. Despite
tighter monetary and fiscal policies, the kip depreciated by
20 percent on...
Type: BriefReport#: 193972Date: October 1, 2024Author:
World Bank
GDP is expected to contract in 2024 amid
gang violence and a protracted political and institutional
crisis. Agriculture will be the most impacted sector.
Persistent...
Type: BriefReport#: 194021Date: October 1, 2024Author:
World Bank
Sound macroeconomic management has
enabled Jamaica to respond to a series of economic shocks
without significantly impairing fiscal sustainability and
poverty reduction....
Type: BriefReport#: 194023Date: October 1, 2024Author:
World Bank
Angola's economy started to recover
from 2023’s shocks - extended maintenance
shutdowns at major oil fields, exchange rate depreciation,
and gasoline price hikes....
Type: BriefReport#: 194087Date: October 1, 2024Author:
World Bank
Growth is expected to remain robust in
2024 after a strong performance in 2023. The fiscal and
external positions are projected to improve. Monetary policy
tightening...
Type: BriefReport#: 194119Date: October 1, 2024Author:
World Bank
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
Sudan’s humanitarian crisis
has worsened with famine, widespread infrastructure
destruction, trade disruptions, and 12 million displaced due
to the conflict....
Type: BriefReport#: 194133Date: October 1, 2024Author:
World Bank
Jordan has maintained macroeconomic
stability despite regional turmoil. Growth slowed to 2.0
percent in the first quarter of 2024, while headline
inflation averaged...
Type: BriefReport#: 194043Date: October 1, 2024Author:
World Bank
As one of the world’s
smallest yet richest countries, a comprehensive fiscal and
economic reform is necessary to support sustainable growth
and address structural...
Type: BriefReport#: 194044Date: October 1, 2024Author:
World Bank
Growth is projected to reach 2.8 percent
in 2024, gradually converging towards its medium-term
potential. The government has made progress in advancing
structural reforms,...
Type: BriefReport#: 194010Date: October 1, 2024Author:
World Bank
Real GDP grew 3.6 percent in 2023,
driven by robust remittance-fueled consumption and strong
private investment. Growth is expected to slow down slightly
to 3.5 percent...
Type: BriefReport#: 194022Date: October 1, 2024Author:
World Bank
The growth momentum was sustained in the
first half of 2024 despite moderating household consumption.
Domestic demand was buoyed by higher public consumption and
investment....
Type: BriefReport#: 193979Date: 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
Economic growth is projected to remain
robust over the medium term, driven by strong performance in
the tourism sector. However, long-standing fiscal and
external imbalances,...
Type: BriefReport#: 194064Date: October 1, 2024Author:
World Bank
The economies of Samoa, Tonga, and
Vanuatu expanded in FY23, largely driven by a resurgence in
travel and reconstruction activities while benefitting from
remittances....
Type: BriefReport#: 193981Date: October 1, 2024Author:
World Bank
Saint Lucia's economy, which is
reliant on tourism, faces ongoing challenges from the
pandemic's impact, high import prices, and natural
disasters. Economic growth was...
Type: BriefReport#: 194029Date: October 1, 2024Author:
World Bank
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