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
Sound macroeconomic management has enabled Jamaica to respond to a series of economic shocks without significantly impairing fiscal sustainability and poverty reduction. Real GDP growth is expected to...
Type: BriefReport#: 194023Date: October 1, 2024Author:
World Bank
Angola's economy started to recover from 2023’s shocks - extended maintenance shutdowns at major oil fields, exchange rate depreciation, and gasoline price hikes. Growth is projected at 3.2 percent in...
Type: BriefReport#: 194087Date: October 1, 2024Author:
World Bank
Growth is expected to remain robust in 2024 after a strong performance in 2023. The fiscal and external positions are projected to improve. Monetary policy tightening and lower food and energy prices supported...
Type: BriefReport#: 194119Date: 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
Jordan has maintained macroeconomic stability despite regional turmoil. Growth slowed to 2.0 percent in the first quarter of 2024, while headline inflation averaged 1.7 percent over the first seven months....
Type: BriefReport#: 194043Date: October 1, 2024Author:
World Bank
As one of the world’s smallest yet richest countries, a comprehensive fiscal and economic reform is necessary to support sustainable growth and address structural challenges. With oil and gas comprising...
Type: BriefReport#: 194044Date: October 1, 2024Author:
World Bank
Ecuador faces significant challenges centered around structurally low growth, low-quality employment, and strained fiscal accounts. The government passed reforms that helped improve the fiscal stance,...
Type: BriefReport#: 194016Date: October 1, 2024Author:
World Bank
To aid the Municipality of Ulaanbaatar (MUB) in making data-driven decisions for prioritizing investments in new infrastructure, repairs, and maintenance, the World Bank team, in collaboration with the...
Type: ReportReport#: 195710Date: October 1, 2024Author:
World Bank
Kosovo’s climate change policies are, in part, shaped by various external drivers and international commitments; internally, it needs to make more progress by not only intensifying its own climate ambition...
Type: Country Climate and Development ReportReport#: 194436Date: October 1, 2024Author:
World Bank
There are no recent and reliable national estimates of poverty for Papua New Guinea (PNG). The poverty estimates in this brief are historical (referring to 2009/10) and may not reflect the current state...
Type: BriefReport#: 196143Date: October 1, 2024Author:
World Bank
Between 2021 and 2023, poverty in Colombia has been on a downward trend, as the economic effects of the COVID-19 crisis have abated. High economic growth in 2022 was accompanied by a sustained labor market...
Type: BriefReport#: 196073Date: October 1, 2024Author:
World Bank
Recent data from Iran reveals a notable decrease in poverty, in line with a pattern of inclusive economic growth. From 2020 to 2022, the poverty rate, as defined by the $6.85 daily poverty line for upper...
Type: BriefReport#: 196123Date: October 1, 2024Author:
World Bank
In 2023, the international poverty rate (measured at $3.65/day) dropped to 9.7 percent, down from 11.3 percent in 2022. This decline was attributed to a combination of factors, including inflation stabilization,...
Type: BriefReport#: 196129Date: October 1, 2024Author:
World Bank
A road network map is one of the most fundamental features of geospatial information, with a variety of applications, such as asset management, investment planning, trip planning, and traffic analysis....
Type: ReportReport#: 195709Date: October 1, 2024Author:
World Bank
Transportation Asset Management is a strategic and systematic process of operating, maintaining, upgrading, and expanding physical assets effectively throughout their lifecycle. It focuses on business...
Type: ReportReport#: 195706Date: October 1, 2024Author:
World Bank
Poland entered the 2020s from a position of strength, as 28 years of unabated growth translated into long-term progress in household income and poverty reduction. Strong labor markets fed into significant...
Type: BriefReport#: 196144Date: October 1, 2024Author:
World Bank
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