The Bangladesh Development Update provides an assessment of the state of the economy in Bangladesh, poverty trends, the economic outlook, risks, and key reform challenges. It covers real sector developments;...
Type: ReportReport#: 194098Date: October 1, 2024Author:
World Bank
In fiscal year 2024, the World Bank Group adopted a bold new vision of a world free of poverty on a livable planet. To achieve this, the Bank Group is enacting reforms to become a better partner to governments,...
Type: World Bank Annual ReportReport#: 194209Date: October 1, 2024Author:
World Bank
Growth is expected to normalize in 2024 and revert to its long-term average of 3.3 percent over the medium term, anchored on continued tourist arrivals. Fiscal consolidation is expected to continue over...
Type: BriefReport#: 193970Date: October 1, 2024Author:
World Bank
GDP growth is expected to reach 3.1 percent in 2024, after a mild recession in 2023, which together with lower inflation is expected to drive down poverty rates to 33.1 percent in 2024. Risks include heightened...
Type: BriefReport#: 194028Date: October 1, 2024Author:
World Bank
St. Vincent and the Grenadines (SVG) is projected to grow at 5 percent in 2024, supported by a robust performance in tourism, recovery in agriculture, and implementation of large-scale infrastructure projects....
Type: BriefReport#: 194030Date: October 1, 2024Author:
World Bank
The Family dialogue program was piloted in Mauritania. The objective of the program is to implement and test the effects of a couples’ training program in the context of a national cash transfer program,...
Type: ReportReport#: 194391Date: 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. Currency stabilization and tight...
Type: BriefReport#: 194110Date: October 1, 2024Author:
World Bank
China’s economy had a strong start to the year, but a deeper contraction of the property sector and weaker consumption weighed on growth in the second quarter. Growth is projected at 4.8 percent in 2024,...
Type: BriefReport#: 193969Date: October 1, 2024Author:
World Bank
Suriname's economy has stabilized under a program to restructure debt, modernize monetary and exchange rate policies, and address financial sector vulnerabilities. Tighter monetary policy has gradually...
Type: BriefReport#: 194031Date: October 1, 2024Author:
World Bank
After experiencing a once-in-a-century drought in 2023, Uruguay’s growth is projected to rebound to 3.2 percent in 2024, driven by agricultural exports. Cellulose production is also expected to increase...
Type: BriefReport#: 194033Date: 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 and external accounts into deficits....
Type: BriefReport#: 194042Date: 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 than in the spring forecast. This...
Type: BriefReport#: 194038Date: October 1, 2024Author:
World Bank
Algeria’s growth remained dynamic, and inflation decelerated in early 2024, amid OPEC quota reductions but resilient agricultural output, higher public spending, and strong investment. Declining oil and...
Type: BriefReport#: 194035Date: October 1, 2024Author:
World Bank
Amid the continued blockade of the IRG's oil exports by the Houthis and the escalating conflict in the Middle East, Yemen faces an increasingly grim reality. The modest economic rebound in 2022 was short-lived,...
Type: BriefReport#: 194058Date: October 1, 2024Author:
World Bank
The growth momentum increased in 2024 with the reopening of a major gold mine (Porgera). The government has continued implementing its fiscal consolidation plan to safeguard macroeconomic stability. Inflation...
Type: BriefReport#: 193978Date: 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 high food prices further compound the...
Type: BriefReport#: 194021Date: October 1, 2024Author:
World Bank
With the ongoing macroeconomic adjustment, growth is projected to recover to 3.5 percent in FY25 from an estimated 2.5 percent in FY24. Inflation remains in double digits with disproportionate implications...
Type: BriefReport#: 194040Date: October 1, 2024Author:
World Bank
After contracting by 5.7 percent in 2023, economic activity in Equatorial Guinea is projected to pick up in 2024 mainly supported by stronger hydrocarbon output. Fiscal and external positions are expected...
Type: BriefReport#: 194104Date: October 1, 2024Author:
World Bank
GDP growth is projected to reach 3.7 percent in 2024 (0.6 percent per capita), supported by agriculture and services, while continuing electricity shortages are expected to hinder industrial production....
Type: BriefReport#: 194118Date: October 1, 2024Author:
World Bank
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