Trinidad and Tobago is a high-income country, with a corresponding level of human development. Substantial financial reserves maintain stability amid energy sector fluctuations. The government aims to...
Type: BriefReport#: 194032Date: October 1, 2024Author:
World Bank
Economic recovery in Barbados continues despite significant challenges facing the country due to its small size, heavy reliance on tourism, and vulnerability to climate-related and other external shocks....
Type: BriefReport#: 194007Date: 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 Middle East and North...
Type: ReportReport#: 193964Date: October 1, 2024Author:
World Bank
Botswana’s growth is projected to decline to 1 percent in 2024 from 2.7 in 2023, partly owing to a weak global diamond market. Higher public investment and measures to support households are set to increase...
Type: BriefReport#: 194089Date: 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
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
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
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
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
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