Despite a protracted debt restructuring
process and subdued copper production, Zambia’s
economy has been recovering since the COVID-19 recession,
primarily driven...
Type: BriefReport#: 189016Date: April 3, 2024Author:
World Bank
GDP growth is projected to increase from
1.9 percent in FY23 to 3.3 percent in FY24, driven by
revived tourism and improved electricity generation.
Decreased expenditure...
Type: BriefReport#: 188964Date: April 3, 2024Author:
World Bank
In 2023, economic growth rebounded to
2.7 percent from 1.8 percent in 2022, spurred by robust
agricultural production. However, inflation spiked, then
moderated late...
Type: BriefReport#: 188972Date: April 3, 2024Author:
World Bank
Growth accelerated to 5.1 percent in
2023 supported by strong domestic and external demand.
Adequate monetary policy and lower international prices
helped dissipate...
Type: BriefReport#: 188899Date: April 3, 2024Author:
World Bank
GDP growth in Nicaragua is estimated at
4.3 percent in 2023, supported by a steep increase in
remittances and foreign direct investment. Growth will be
sustained over...
Type: BriefReport#: 188911Date: April 3, 2024Author:
World Bank
In 2023, the economy expanded by 4.3
percent, largely driven by a strong recovery in tourism.
Fiscal and current account deficits narrowed significantly;
the unemployment...
Type: BriefReport#: 188892Date: April 3, 2024Author:
World Bank
Fiscal incidence analysis helps in
understanding who contributes to and benefits from the
fiscal system, and assessing the impact of fiscal policies
in reducing poverty...
Type: Policy Research Working PaperReport#: WPS10745Date: April 3, 2024Author:
Rodriguez Takeuchi,Laura Kiku ;
Wai-Poi,Matthew Grant ;
Woodham,Jeffrey Scott
Economic growth is projected to slow
to3.4 percent in 2024 before regainingmomentum in subsequent
years, drivenby new oil production coming online.Inflation
is expected...
Type: BriefReport#: 188877Date: April 3, 2024Author:
World Bank
Iran’s economy is continuing
its oil-driven growth in 2023-2024, helping employment to
return to pre-pandemic levels. Inflation remained elevated
despite tighter...
Type: BriefReport#: 188937Date: April 3, 2024Author:
World Bank
Chile’s sound macroeconomic
policies led to a recovery from Covid-induced imbalances,
including high deficits and inflation. Fiscal and monetary
tightening stabilized...
Type: BriefReport#: 188897Date: April 3, 2024Author:
World Bank
Subsequent OPEC+ decisions of cutting
oil production is adversely affecting Saudi
Arabia’s overall GDP, fiscal, and external
balance positions. Meanwhile, the...
Type: BriefReport#: 188947Date: April 3, 2024Author:
World Bank
The Dominican economy is poised for a
rebound in 2024, with an expected growth rate of 5.1
percent, fueled by the delayed impacts of monetary easing
and increased public...
Type: BriefReport#: 188901Date: April 3, 2024Author:
World Bank
Economic growth is expected to reach 3.5
percent in 2024, supported by tourismand the rebuilding of
infrastructuredamaged by extremeweatherandthe blast
atanexplosives...
Type: BriefReport#: 189007Date: April 3, 2024Author:
World Bank
In Q4 2023, Lebanon was hit by yet
another large shock: the spillover effects from the conflict
in the Middle East centered in Gaza. The escalation in
military confrontation...
Type: BriefReport#: 188941Date: April 3, 2024Author:
World Bank
Ghana’s economic conditions
improved in 2023 but challenges remain, notably elevated
inflation, subdued growth, and substantial pressure on
public finances and...
Type: BriefReport#: 188988Date: April 3, 2024Author:
World Bank
The 2023 Niger border closure, policy
changes in Nigeria and climate shocks moderated growth to
5.8 percent. The international poverty measure fell to 11.7
percent....
Type: BriefReport#: 188969Date: April 3, 2024Author:
World Bank
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