Suriname built up substantial
macroeconomic imbalances as a result of economic
mismanagement and high commodity revenue volatility. A newly
elected government adopted...
Type: BriefReport#: 170655Date: April 21, 2022Author:
World Bank
Jordan’s economic rebound during 2021
has been steady, but significant slack remains in the
economy. Unemployment is still persistently high -
particularly for the youth...
Type: BriefReport#: 170710Date: April 21, 2022Author:
World Bank
Malawi’s GDP growth rose to 2.8 percent
in 2021, boosted by an improved agricultural harvest and the
diminishing impact of the COVID-19 pandemic. However, growth
is...
Type: BriefReport#: 170902Date: April 21, 2022Author:
World Bank
Mauritania’s growth rebounded in 2021 to
2.3 percent, supported by extractives and services, while
extreme poverty remained at 5.8 percent. Fiscal balances
remained...
Type: BriefReport#: 170904Date: April 21, 2022Author:
World Bank
Namibia’s growth rebound in 2021 is
estimated to have been weaker than expected. The outlook for
2022 is favorable boosted by an improved pandemic situation
and strong...
Type: BriefReport#: 170907Date: April 21, 2022Author:
World Bank
After contracting in 2020, Sierra
Leone’s economy grew by 3.1 percent in 2021, driven mainly
by agriculture and mining. The fiscal deficit remained
elevated, despite...
Type: BriefReport#: 170915Date: April 21, 2022Author:
World Bank
Growth in Togo rebounded to pre-crisis
levels in 2021, reflecting health measure rollbacks and a
global recovery. Growth is expected to stabilize in 2022 and
strengthen...
Type: BriefReport#: 170920Date: April 21, 2022Author:
World Bank
In Uganda, real GDP growth is expected
to rise from 3.4 percent in FY21 to 3.7 percent in FY22, as
the economy reopens. The planned reduction in the fiscal
deficit,...
Type: BriefReport#: 170921Date: April 21, 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 21, 2022Author:
World Bank
In Brazil, GDP grew 4.6 percent in 2021,
thanks to strong services growth and a successful
vaccination campaign. Significant downside risks remain in
an uncertain environment....
Type: BriefReport#: 170634Date: April 21, 2022Author:
World Bank
Strong growth and spending discipline
helped Costa Rica exceed fiscal targets in 2021, despite
harsh COVID-19 waves and election-related spending
pressures. A strong...
Type: BriefReport#: 170637Date: April 21, 2022Author:
World Bank
Honduras's real GDP reached its
pre-crisis level in 2021, led by remittance-fueled private
consumption, post-hurricane reconstruction, and robust
export demand. Poverty...
Type: BriefReport#: 170646Date: April 21, 2022Author:
World Bank
In St. Vincent and the Grenadines, the
volcanic eruption and COVID-19 significantly impacted GDP
growth in 2021. Poverty is expected to have further
increased due to...
Type: BriefReport#: 170654Date: April 21, 2022Author:
World Bank
India’s rebound in FY22 was strong
despite the two ‘waves’ of COVID-19, supported by increased
vaccination coverage. The recovery, however, is not broad
based with private...
Type: BriefReport#: 170730Date: April 21, 2022Author:
World Bank
Increasing oil and gas demand and prices
in Algeria led to a strong rebound in hydrocarbon production
and exports in 2021, sharply reducing fiscal and external
financing...
Type: BriefReport#: 170703Date: April 21, 2022Author:
World Bank
Iraq’s economy is gradually recovering
from the twin shocks of the pandemic and collapse in oil
prices in 2020.Both oil and non-oil growth are on track to
reach their...
Type: BriefReport#: 170709Date: April 21, 2022Author:
World Bank
Botswana’s economic growth is projected
to moderate to 4.1 percent in 2022 following a 12.1 percent
rebound last year. Despite the headwinds created by
COVID-19, economic...
Type: BriefReport#: 170530Date: April 21, 2022Author:
World Bank
Burkina Faso’s economy grew by an
estimated 7.0 percent in 2021 (4.2 percent in per-capita
terms), with investment-led growth in services, gold mining,
and manufacturing....
Type: BriefReport#: 170531Date: April 21, 2022Author:
World Bank
The Serbian economy is recovering well
from the impact of COVID-19 pandemic by growing 7.4 percent
in 2021 and poverty incidence declined to an estimated 9.8
percent....
Type: BriefReport#: 170622Date: April 21, 2022Author:
World Bank
In Uganda, real GDP growth is expected
to rise from 3.4 percent in FY21 to 3.7 percent in FY22, as
the economy reopens. The planned reduction in the fiscal
deficit,...
Type: BriefReport#: 170921Date: April 21, 2022Author:
World Bank
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