GDP growth is projected to gather pace,
supported by foreign direct investment inflows, a rebound in
exports, and the dissipation of drought effects. Lower
inflation...
Type: BriefReport#: 194123Date: October 1, 2024Author:
World Bank
Growth is expected to moderate in
2024-2025 to an average of 5.4 percent, reflecting fiscal
consolidation and subdued global demand. Reforms and slowing
inflation will...
Type: BriefReport#: 194135Date: October 1, 2024Author:
World Bank
Economic activity continues to perform
well despite OPEC+ oil production cuts, driven by the
expansion of nonhydrocarbon activities, notably in
construction, manufacturing,...
Type: BriefReport#: 194048Date: October 1, 2024Author:
World Bank
After an expected cool-off in 2023,
growth accelerated but is expected to remain weak at 1.5
percent in 2024. Fiscal consolidation to comply with the
Fiscal Rule and...
Type: BriefReport#: 194012Date: October 1, 2024Author:
World Bank
Growth remained strong in 2023 and the
first quarter of 2024, bolstered by rising industrial and
agricultural production, along with resilient services.
Inflation has...
Type: BriefReport#: 194088Date: October 1, 2024Author:
World Bank
Djibouti's economic activity showed
modest improvement in 2024H1, leading to an upward revision
of real GDP growth to 5.9 percent in 2024 - 0.8 percentage
points higher...
Type: BriefReport#: 194038Date: October 1, 2024Author:
World Bank
As the economy is stagnating due to
extended OPEC+ production quotas, an expansionary fiscal
stance and strong imports are expected to transform the
surpluses of fiscal...
Type: BriefReport#: 194042Date: October 1, 2024Author:
World Bank
Progress toward comprehensive debt
restructuring and wide-reaching reforms under the
macroeconomic stabilization program has put Ghana on a path
to fiscal sustainability....
Type: BriefReport#: 194110Date: 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
Malawi’s economic situation
remains challenging. A severe drought in 2024 has
exacerbated macroeconomic imbalances and added to successive
poor harvests and high...
Type: BriefReport#: 194117Date: October 1, 2024Author:
World Bank
In Kiribati a large pre-election
increase in public sector wages will support growth. In
Tuvalu, development priorities are being shaped by the 2024
Falepili Union Treaty,...
Type: BriefReport#: 193968Date: October 1, 2024Author:
World Bank
Growth slowed in 2023 due to low budget
execution during the government transition. Inflation fell
to 3.4 percent in early 2024, driven by non-food prices,
though food...
Type: BriefReport#: 193983Date: 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
After an expected cool-off in 2023,
growth accelerated but is expected to remain weak at 1.5
percent in 2024. Fiscal consolidation to comply with the
Fiscal Rule and...
Type: BriefReport#: 194012Date: October 1, 2024Author:
World Bank
Following weaker-than-expected growth in
2023, Malaysia is projected to grow at a higher rate of 4.9
percent in 2024. Stronger private consumption, investment,
and exports...
Type: BriefReport#: 193973Date: October 1, 2024Author:
World Bank
With fuel import shortages unresolved
and repeated power outages in 2024, economic stagnation
persists, with growth projected at just 0.7 percent. In this
context, the...
Type: BriefReport#: 194094Date: October 1, 2024Author:
World Bank
Ethiopia liberalized its foreign
exchange market, removing a significant obstacle to economic
growth and stability. Complementary structural reforms
support the transition...
Type: BriefReport#: 194107Date: October 1, 2024Author:
World Bank
DRC inaugurated a new government
following reelection of President Tshisekedi for another
term, reassuring investors and development partners on
reforms continuity....
Type: BriefReport#: 194097Date: October 1, 2024Author:
World Bank
Poised for a rebound, the Dominican
economy anticipates a 5.1 percent growth in 2024, fueled by
monetary easing effects and public investment. However,
challenges such...
Type: BriefReport#: 194015Date: October 1, 2024Author:
World Bank
Macroeconomic conditions in Syria have
worsened further due to prolonged armed conflict, low crop
production, soaring food prices, and diminished humanitarian
aid and...
Type: BriefReport#: 194053Date: October 1, 2024Author:
World Bank
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