Nicaragua's economy grew by 4.6 percent in 2023, primarily driven by the services sector. Prudent fiscal and macroeconomic policies have supported growth and lowered inflation to 4.8 percent by mid-2024,...
Type: BriefReport#: 194025Date: October 1, 2024Author:
World Bank
Growth accelerated in FY24, driven by tourism, hydropower, and remittance-driven private consumption. Reduced recurrent spending lowered the fiscal deficit, while lower imports and higher remittances led...
Type: BriefReport#: 194065Date: October 1, 2024Author:
World Bank
This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of Latin America and...
Type: ReportReport#: 193963Date: October 1, 2024Author:
World Bank
Liberia’s economy expanded by an estimated 4.7 percent in 2023 and is expected to maintain this momentum. Inflationary pressures have eased since peaking in fiscal year 2023. Although the medium-term outlook...
Type: BriefReport#: 194115Date: October 1, 2024Author:
World Bank
Mongolia's GDP growth is forecasted to remain robust at 5.3 percent in 2024, despite adverse weather affecting the agricultural sector. With rising real wages, the poverty rate, measured at the upper middle-income...
Type: BriefReport#: 193975Date: October 1, 2024Author:
World Bank
Economic growth continues to accelerate, albeit at a modest pace, supported by improved agriculture production, private consumption, and exports. Real GDP growth is expected to rise to 4.4 percent in 2024,...
Type: BriefReport#: 194130Date: 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
Libya continues to suffer from political divisions over the transparency, control, and benefits of the oil wealth. Tensions recently escalated over the appointment of the Governor and Board of Directors...
Type: BriefReport#: 194046Date: October 1, 2024Author:
World Bank
Paraguay has achieved remarkable progress in reducing poverty over the past two decades. Through dedicated efforts and effective policies, the country halved its poverty rate from 51.4 percent in 2003...
Type: Poverty AssessmentReport#: 194103Date: October 1, 2024Author:
Eliana Rubiano-Matulevich ;
Paul Ervin ;
Victor Raul Gamarra Florentin ;
Luis Miguel Garcia Pulgarin ;
Lyliana Gayoso
The Tourism Watch is a quarterly report produced by the World Bank which monitors global and regional tourism sector performance, outlook, and highlights policies aimed at enhancing the sector’s economic,...
Type: NewsletterReport#: 194401Date: October 1, 2024Author:
Alex Pio ;
Alba Suris Coll Vinent ;
Paula Bellas Suarez
Argentina’s COVID-19 Emergency Project was among the first operations under the World Bank’s global response to the COVID-19 epidemic. The first of the two loans included under this Project was approved...
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 prices remain high. Labor market...
Type: BriefReport#: 193983Date: October 1, 2024Author:
World Bank
While lagging ASEAN peers, Thailand’s real GDP growth is projected to accelerate to 2.4 percent in 2024, driven by the recovery of private consumption and tourism. Inflation remains subdued amid still...
Type: BriefReport#: 193982Date: 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 country is navigating a difficult...
Type: BriefReport#: 194094Date: October 1, 2024Author:
World Bank
Qatar’s non-hydrocarbons sector continues to spearhead diversification efforts, bolstered by the implementation of the Third National Development Strategy (NDS3) and the promotion of services, including...
Type: BriefReport#: 194051Date: October 1, 2024Author:
World Bank
Gabon’s economy grew by 2.4 percent in 2023, a lower growth compared to 2022, impacted by logistical disruptions. Triggered by the August 2023 coup, the ongoing political transition is an opportunity for...
Type: BriefReport#: 194108Date: October 1, 2024Author:
World Bank
GDP growth is projected at 4.5 percent in 2024, supported by agriculture, mining, and private investment. Higher agriculture output and tighter monetary policy eased inflation from the double-digit peak...
Type: BriefReport#: 194116Date: 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 support private consumption and investment,...
Type: BriefReport#: 194135Date: October 1, 2024Author:
World Bank
The Ugandan economy recorded accelerated growth, supported by continued investment momentum. Headline inflation declined sharply driven by moderating food prices, monetary policy tightening, and relative...
Type: BriefReport#: 194136Date: October 1, 2024Author:
World Bank
This issue of the MENA Economic Update presents a summary of recent macroeconomic trends, including an update of the conflict centered in Gaza and its regional spillovers, alongside an analysis of factors...
Type: PublicationReport#: 194231Date: October 1, 2024Author:
Gatti, Roberta ;
Torres, Jesica ;
Elmallakh, Nelly ;
Mele, Gianluca ;
Faurès, Diego ;
Mousa, Mennatallah Emam ;
Suvanov, Ilias
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