Tanzania’s growth has remained resilient accompanied by low Inflation. Fiscal and current account deficits are narrowing on the back of improved tax collection and strong trade performance. Pressures in...
Type: BriefReport#: 194134Date: October 1, 2024Author:
World Bank
Nigeria has undertaken difficult but necessary reforms to turn around its development trajectory after policy missteps and multiple shocks which have deepened and broadened poverty. Positive results are...
Type: BriefReport#: 194125Date: October 1, 2024Author:
World Bank
Tunisia’s economic outlook remains challenging and uncertain. Economic growth and job creation stagnated in 2024 amid a persistent drought and low demand. With tighter external financing, the government...
Type: BriefReport#: 194054Date: 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 as low revenue mobilization and socioeconomic...
Type: BriefReport#: 194015Date: October 1, 2024Author:
World Bank
Despite the devastation of Hurricane Beryl, Grenada’s economy is anticipated to continue growing, supported by tourism and construction. Even with greater fiscal needs for post-Beryl reconstruction efforts,...
Type: BriefReport#: 194018Date: October 1, 2024Author:
World Bank
Indonesia is growing at 5 percent amid stable macro conditions. Poverty fell from 17.5 in 2023 to 15.8 percent in 2024, but quality job creation has lagged due to COVID scarring. External financing and...
Type: BriefReport#: 193971Date: 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 Sub-Saharan Africa....
Type: ReportReport#: 193966Date: 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
The United Arab Emirates (UAE) maintains its status as a key regional hub for trade, finance, and tourism, supported by significant progress in economic diversification and reduced reliance on hydrocarbon...
Type: BriefReport#: 194055Date: October 1, 2024Author:
World Bank
Economic growth is expected to accelerate to 5.6 percent in 2024 as favorable rainfall supported agricultural production while increased tourism bolstered services. Inflation would moderately decrease...
Type: BriefReport#: 194109Date: October 1, 2024Author:
World Bank
Stronger cashew exports and falling inflation will support growth of 5 percent in 2024, reducing poverty to 23.4 percent ($2.15 per-person per-day PPP 2017). Expenditure rationalization, improved revenue...
Type: BriefReport#: 194112Date: October 1, 2024Author:
World Bank
The economy continues to face significant challenges from both global and domestic sources. Despite showing resilience amid concurrent shocks, policy slippages have exacerbated macroeconomic conditions...
Type: BriefReport#: 194129Date: October 1, 2024Author:
World Bank
Growth in 2024 is expected to recover to 5.7 percent (1.8 percent per capita) with the sanctions lifted in February 2024 and resumption of financing. However, the expected boost from oil exports has been...
Type: BriefReport#: 194124Date: October 1, 2024Author:
World Bank
Migration is a global phenomenon that significantly affects individuals, families, and the broader society, offering prospects for socioeconomic development in both origin and destination countries. Africa...
Type: ReportReport#: 195715Date: October 1, 2024Author:
World Bank
The economy continues recovering from Cyclone Kenneth and COVID-19, driven by private consumption and investments in tourism and transport infrastructure. Growth is expected to gradually increase to 4.3...
Type: BriefReport#: 194096Date: October 1, 2024Author:
World Bank
Diversification efforts are well underway, with a robust performance of the non-hydrocarbon sector. Sustained fiscal reforms have helped improving fiscal and current account balances in 2024, yet Bahrain...
Type: BriefReport#: 194037Date: October 1, 2024Author:
World Bank
Economic growth is expected to slow to 4.0 percent in 2024 due to subdued activity in agriculture and extractive sectors. Despite fiscal consolidation efforts, pressures remain from a high wage bill and...
Type: BriefReport#: 194122Date: October 1, 2024Author:
World Bank
Economic growth continues to be undermined by persistent macroeconomic instability. Despite tighter monetary and fiscal policies, the kip depreciated by 20 percent on average since the beginning of the...
Type: BriefReport#: 193972Date: 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
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
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