An increased import bill and a decline
in official aid flows have led to a weakening of the balance
of payments and a significant drawdown in reserves in
Ethiopia. Growth...
Type: BriefReport#: 170890Date: April 21, 2022Author:
World Bank
Economic recovery in The Gambia
accelerated towards end-2021. However, the pace of recovery
will slowdown owing to commodity prices and supply shocks.
High fiscal deficits...
Type: BriefReport#: 170893Date: April 21, 2022Author:
World Bank
Kenya’s economy was severely disrupted
by the COVID-19 shock but it has staged a strong recovery,
and the poverty rate is projected to fall below its
pre-pandemic level...
Type: BriefReport#: 170897Date: April 21, 2022Author:
World Bank
An economic recovery started in 2021 but
was interrupted in 2022 by the combined impact of a third
wave of the pandemic, a series of climate shocks, and the
escalating...
Type: BriefReport#: 170901Date: April 21, 2022Author:
World Bank
Kenya’s economy was severely disrupted
by the COVID-19 shock but it has staged a strong recovery,
and the poverty rate is projected to fall below its
pre-pandemic level...
Type: BriefReport#: 170897Date: April 21, 2022Author:
World Bank
Economic growth in Lesotho has been
modest in recent years. Domestic economy is expected to
recover and register a modest growth of 1.6 percent in 2021.
However, political...
Type: BriefReport#: 170898Date: April 21, 2022Author:
World Bank
Liberia’s economy is recovering. GDP
growth is projected to increase from an estimated 4.0
percent in 2021 to 4.4 percent in 2022, driven by mining and
continued recovery...
Type: BriefReport#: 170899Date: April 21, 2022Author:
World Bank
South Sudan’s recovery is constrained by
falling oil production and climate shocks. Consequently, the
economy is projected to contract by 0.8 percent in FY2021/22
despite...
Type: BriefReport#: 170918Date: April 21, 2022Author:
World Bank
GDP growth in Zimbabwe is estimated to
have rebounded to 5.8 percent in 2021, reflecting an
exceptionally good harvest and relative stabilization of
prices. Disinflation...
Type: BriefReport#: 170923Date: April 21, 2022Author:
World Bank
Jamaica is recovering from the pandemic,
with growth recently picking up and unemployment falling to
historic lows, resulting in a decrease in poverty.
Nonetheless,...
Type: BriefReport#: 170647Date: April 21, 2022Author:
World Bank
Real GDP growth in Mexico is projected
at 2.1 percent in 2022. The labor market has yet to fully
recover as most gains in employment took place in informal
and low-wage...
Type: BriefReport#: 170648Date: April 21, 2022Author:
World Bank
Robust remittance inflows, a fiscal
stimulus, and favorable commodity prices have been the main
drivers of Nicaragua’s economic recovery following a
three-year recession...
Type: BriefReport#: 170649Date: April 21, 2022Author:
World Bank
The withdrawal of COVID-19 movement
restrictions facilitated Djibouti’s economic rebound in
2021, to an estimated 4.3 percent. Growth is projected to
remain moderate...
Type: BriefReport#: 170706Date: April 21, 2022Author:
World Bank
After a difficult 2020, Oman’s economy
is on a solid recovery path amid easing pandemic pressures,
higher hydrocarbon outputs, and wide-ranging government
reforms. Frontloaded...
Type: BriefReport#: 170716Date: April 21, 2022Author:
World Bank
South Sudan’s recovery is constrained by
falling oil production and climate shocks. Consequently, the
economy is projected to contract by 0.8 percent in FY2021/22
despite...
Type: BriefReport#: 170918Date: April 21, 2022Author:
World Bank
Two military coups in August 2020 and
May 2021 and growing insecurity in Mali have resulted in a
stagnant economy, with negligible per capita growth in 2021
and projected...
Type: BriefReport#: 170903Date: April 21, 2022Author:
World Bank
In Mauritius, GDP grew 3.9 percent in
2021 aided by widespread Covid-19 vaccination, although
subsequent virus waves dampened tourism recovery and output
remains below...
Type: BriefReport#: 170905Date: April 21, 2022Author:
World Bank
The challenges presented by the COVID-19
pandemic and the energy crisis on São Tomé and Príncipe have
been further aggravated by flooding and landslides from
severe...
Type: BriefReport#: 170911Date: April 21, 2022Author:
World Bank
In Cabo Verde, growth rebounded to 7.1
percent in 2021, led by the gradual recovery in tourism,
supporting poverty alleviation. Inflationary pressures
increased, driven...
Type: BriefReport#: 170533Date: April 21, 2022Author:
World Bank
While the COVID-19 pandemic interrupted
a prolonged period of growth, resilient remittances and a
timely fiscal stimulus package helped alleviate the impact
and supported...
Type: BriefReport#: 170643Date: April 21, 2022Author:
World Bank
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