Due to its invasion of Ukraine, Russia
faces the largest coordinated economic sanctions ever
imposed on a country. Russia’s economy will be hit very
hard, with a deep...
Type: BriefReport#: 170621Date: April 22, 2022Author:
World Bank
The fallout from Russia's invasion
of Ukraine will lead to an economic contraction of about 2
percent in 2022 in Tajikistan. A projected 40 percent fall
in remittances,...
Type: BriefReport#: 170623Date: April 22, 2022Author:
World Bank
COVID-19 continues to impact Pacific
Island Countries (PICs) in profound ways. The impact has
varied considerably between countries. Some have entered a
second wave...
Type: BriefReport#: 184001Date: April 22, 2022Author:
Horscroft,Virginia Ann ;
Andrews,Donna Louise ;
Gitau,Ciliaka Millicent Wanjiru ;
Orange,David Ryan
In Solomon Islands, the economy is
expected to shrink by -2.9 percent in 2022, reflecting the
negative impact of the recent civil unrest and widespread
community transmission...
Type: BriefReport#: 170597Date: April 22, 2022Author:
World Bank
In Mongolia, after posting 1.4 percent
real GDP growth in 2021, growth will remain modest at 2.5
percent this year. Despite continued policy support and
higher commodity...
Type: BriefReport#: 170592Date: April 22, 2022Author:
World Bank
In Timor-Leste, the economy is showing
signs of moderate recovery from the dual COVID-19 and
natural disaster shocks in 2021. The economy is projected to
grow by 2.4...
Type: BriefReport#: 170600Date: April 22, 2022Author:
World Bank
As the economy rebounded, the energy
crisis and the war in Ukraine brought new challenges to
North Macedonia. With rising public debt, the authorities
need to replace...
Type: BriefReport#: 170618Date: April 22, 2022Author:
World Bank
The economy continues to recover from
the pandemic-induced recession. Growth and poverty reduction
are expected to slow down in the medium term as increasing
public...
Type: BriefReport#: 170633Date: April 22, 2022Author:
World Bank
Bahrain’s economy is
gradually picking up as pandemic pressures fade, non-oil
economy recovers, and hydrocarbon production increases. The
fiscal deficit remains...
Type: BriefReport#: 170704Date: April 22, 2022Author:
World Bank
After a pronounced economic contraction
in 2020, the Croatian economy strongly rebounded in 2021,
posting a double-digit growth rate. In addition to domestic
demand,...
Type: BriefReport#: 170610Date: April 22, 2022Author:
World Bank
In Kazakhstan, Russia’s invasion of
Ukraine is likely to reduce growth to 1.5 percent in 2022.
This figure follows 4 percent growth in 2021, driven by a
rebounding economy,...
Type: BriefReport#: 170612Date: April 22, 2022Author:
World Bank
Kosovo’s economy experienced a strong
recovery in 2021, supported by a rebound in domestic demand
and record export growth. Inflation also intensified, driven
by increases...
Type: BriefReport#: 170613Date: April 22, 2022Author:
World Bank
The Polish economy rebounded from the
COVID-19 recession, expanding at its fastest pace since
2007. Easing of COVID-related restrictions, robust
investment, and favorable...
Type: BriefReport#: 170619Date: April 22, 2022Author:
World Bank
After entering the COVID-19 pandemic
with high public debt, increased external vulnerabilities,
and low economic growth, Belize is experiencing a
tourism-led rebound....
Type: BriefReport#: 170632Date: April 22, 2022Author:
World Bank
Cote d’Ivoire’s
recovery in 2021 registered 7.0 percent growth (4.4 percent
per capita), with a rebound in domestic demand. Inflation
reached a 10-year...
Type: BriefReport#: 170540Date: April 22, 2022Author:
World Bank
COVID-19 continues to impact Pacific
Island Countries (PICs) in profound ways. The impact has
varied considerably between countries. Some have entered a
second wave...
Type: BriefReport#: 183999Date: April 22, 2022Author:
Horscroft,Virginia Ann ;
Andrews,Donna Louise ;
Gitau,Ciliaka Millicent Wanjiru ;
Orange,David Ryan
COVID-19 has affected Pacific Island
Countries (PICs) in profound ways. The impact has varied
considerably between countries. Some are now entering a
second wave of...
Type: BriefReport#: 183998Date: April 22, 2022Author:
Horscroft,Virginia Ann ;
Andrews,Donna Louise ;
Gitau,Ciliaka Millicent Wanjiru ;
Orange,David Ryan
Indonesia’s economy is recovering
supported by growing commodities exports and accommodative
fiscal policy. This helped reduce poverty closer to
pre-pandemic levels....
Type: BriefReport#: 170589Date: April 22, 2022Author:
World Bank
Turkey’s economy grew 11 percent in
2021, the fastest among G-20 countries, as COVID-19 related
measures were gradually relaxed in Turkey and abroad. While
Turkey’s...
Type: BriefReport#: 170624Date: April 22, 2022Author:
World Bank
The economy in Barbados rebounded in
2021 in line with international travel and easing
containment measures but was negatively affected by natural
disasters such as...
Type: BriefReport#: 170631Date: April 22, 2022Author:
World Bank
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