Robust economic growth post-COVID-19, driven by a sustained boom in mineral exports, has elevated Mongolia to upper-middle-income status in 2024. This shift raises the international benchmark for poverty...
Type: BriefReport#: 196103Date: October 1, 2024Author:
World Bank
Poverty in Montenegro is projected to have declined to 8.9 percent in 2023. The poverty rate, measured as the share of the population living on an income below $6.85 per person per day in 2017 PPP, after...
Type: BriefReport#: 196102Date: October 1, 2024Author:
World Bank
Malawi has one of the four highest poverty rates globally, with 70 percent of its population living on less than $2.15 a day, based on a 2019 household survey. The number of people living in poverty has...
Type: BriefReport#: 196107Date: October 1, 2024Author:
World Bank
The national poverty rate decreased from 38.5 percent in 2018-19 to 36.2 percent in 2021-22, equivalent to 4.615 million people living under the national poverty line in Benin, estimated at CFAF287,715...
Type: BriefReport#: 196055Date: October 1, 2024Author:
World Bank
On August 5, 2024, Bangladesh’s former Prime Minister resigned following unprecedented protests. An interim government led by civil society members and student leaders took office on August 8, 2024. This...
Type: BriefReport#: 196057Date: October 1, 2024Author:
World Bank
Poverty was measured by the upper middle-income poverty line of 6.85 dollars in 2017, and PPP remained low in Belarus, at around 1 to 2 percent of the population between 2018 and 2020. Based on the national...
Type: BriefReport#: 196059Date: October 1, 2024Author:
World Bank
More than a decade of conflict compounded by external economic shocks has led to a dramatic deterioration in the welfare of Syrian households. In 2022, almost 25 percent of the Syrian population lived...
Type: BriefReport#: 196336Date: October 1, 2024Author:
World Bank
This report records the bi-annual overview of status of implementation of ongoing management action plans prepared in response to Inspection Panel investigation reports as of October 1, 2024.
Type: Board ReportReport#: 194307Date: October 1, 2024Author:
World Bank
The World Bank’s Gender Strategy (2024-2030) aims to tackle both formal and informal barriers to gender inequality, including power imbalances that often affect women and girls disproportionally. To achieve...
Type: ReportReport#: 194225Date: October 1, 2024Author:
Afrah Alawi Al-Ahmadi ;
Alessandra Heinemann ;
Mossman,Lindsay ;
Rawlings, Laura
Sub-Saharan Africa's growth recovery has resumed. Economic activity in the region is projected to grow by 3.0 percent in 2024, after bottoming out at 2.4 percent in 2023. Private consumption and investment...
Type: PublicationReport#: 194230Date: October 1, 2024Author:
World Bank
Bosnia and Herzegovina (BiH) has maintained economic stability over the past decade despite significant shocks, including the COVID-19 pandemic. The country has experienced stable macroeconomic conditions...
Type: Country Climate and Development ReportReport#: 194672Date: 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 South Asia. Macroeconomic...
Type: ReportReport#: 193965Date: October 1, 2024Author:
World Bank
The economy continues to face challenges from increased conflict and economic instability. Rapid kyat depreciation and high inflation have reduced household consumption. In 2023/24, 32 percent of the population...
Type: BriefReport#: 193976Date: October 1, 2024Author:
World Bank
Real GDP growth is expected to slow from 5.2 percent in FY24 to 4.0 percent in FY25, driven by subdued investment and industrial growth in the aftermath of student-led protests and persistent social grievances....
Type: BriefReport#: 194061Date: October 1, 2024Author:
World Bank
Pakistan's economy stabilized in FY24, supported by strong agricultural growth, improved macroeconomic policies, new external financing, easing import controls, and political uncertainty. However, with...
Type: BriefReport#: 194066Date: October 1, 2024Author:
World Bank
Cambodia’s real GDP growth is projected to reach 5.3 percent in 2024, compared to 5.0 percent in 2023, driven mainly by services and goods exports. Amid the economic expansion, household income growth...
Type: BriefReport#: 193967Date: 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 East Asia and the...
Type: ReportReport#: 193961Date: 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
The Colluli potash mine project is expected to support a modest increase in GDP growth to an estimated 2.8 percent in 2024. Lower global food prices are expected to help reduce inflation to 5.1 percent...
Type: BriefReport#: 194105Date: October 1, 2024Author:
World Bank
Mauritius’ economy is expected to grow by 5.6 percent in 2024, supported by a pick-up in tourism and investment in response to easing labor regulations for foreigners. Inflation is projected to fall to...
Type: BriefReport#: 194120Date: October 1, 2024Author:
World Bank
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