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
Growth is projected to reach 2.8 percent in 2024, gradually converging towards its medium-term potential. The government has made progress in advancing structural reforms, notably the recent indirect tax...
Type: BriefReport#: 194010Date: October 1, 2024Author:
World Bank
Real GDP grew 3.6 percent in 2023, driven by robust remittance-fueled consumption and strong private investment. Growth is expected to slow down slightly to 3.5 percent in 2024, hindered by a deceleration...
Type: BriefReport#: 194022Date: October 1, 2024Author:
World Bank
The growth momentum was sustained in the first half of 2024 despite moderating household consumption. Domestic demand was buoyed by higher public consumption and investment. Medium-term growth is expected...
Type: BriefReport#: 193979Date: October 1, 2024Author:
World Bank
Paraguay’s economy is expected to grow by 3.9 percent in 2024, supported by a healthy soybean harvest. Growth would be faster if not for uneven rainfall, which has dampened hydropower production. Poverty...
Type: BriefReport#: 194027Date: October 1, 2024Author:
World Bank
Economic growth is projected to remain robust over the medium term, driven by strong performance in the tourism sector. However, long-standing fiscal and external imbalances, including a recent sharp decline...
Type: BriefReport#: 194064Date: 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
The economies of Samoa, Tonga, and Vanuatu expanded in FY23, largely driven by a resurgence in travel and reconstruction activities while benefitting from remittances. Although economies are projected...
Type: BriefReport#: 193981Date: October 1, 2024Author:
World Bank
Saint Lucia's economy, which is reliant on tourism, faces ongoing challenges from the pandemic's impact, high import prices, and natural disasters. Economic growth was modest before the pandemic, and recent...
Type: BriefReport#: 194029Date: October 1, 2024Author:
World Bank
Growth remained strong in 2023 and the first quarter of 2024, bolstered by rising industrial and agricultural production, along with resilient services. Inflation has been contained, and the fiscal deficit...
Type: BriefReport#: 194088Date: October 1, 2024Author:
World Bank
GDP growth is projected to increase to 3.7 percent in 2024 (1.1 percent per capita), from 3.0 percent in 2023, supported by services and agriculture. Inflation is projected to increase to 3.4 percent....
Type: BriefReport#: 194090Date: 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
Despite a subdued global backdrop, the Indian economy expanded by 8.2 percent in FY23-24, reflecting strong growth in manufacturing and construction. This strong momentum is projected to continue over...
Type: BriefReport#: 194063Date: October 1, 2024Author:
World Bank
Afghanistan's economy grew by 2.7 percent in FY2023-2024, partially recovering from a 27 percent contraction following the Taliban's takeover. Growth in agriculture, industry, and services contributed...
Type: BriefReport#: 194060Date: 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
The economy is expected to grow by 3.7 percent in 2024, driven by tourism, telecommunications, and construction. Commitment to fiscal consolidation is expected to result in a primary surplus by enhancing...
Type: BriefReport#: 194128Date: October 1, 2024Author:
World Bank
A severe drought has impacted 9.8 million people, with 6.6 million requiring urgent relief. Real GDP growth is projected to decelerate to 2.0 percent in 2024, worsening extreme poverty. This is despite...
Type: BriefReport#: 194137Date: October 1, 2024Author:
World Bank
GDP growth in 2023 is at 5.3 percent and is projected to slow to 2 percent in 2024 due to weak agriculture on the back of severe drought conditions. While the introduction of a new currency, ZiG, in April...
Type: BriefReport#: 194138Date: 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
One year since the outbreak of the Middle East conflict, centered in Gaza, the Palestinian territories have experienced a historic economic decline. In Gaza, the economy has plunged into the deepest recession...
Type: BriefReport#: 194049Date: October 1, 2024Author:
World Bank
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