An economic stabilization program is underway, underpinned by a strong fiscal adjustment, a correction in relative prices, and the strengthening of the Central Bank’s balance sheet while maintaining exchange...
Type: BriefReport#: 194006Date: 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
2024 GDP growth is expected to slow to 3 percent (-0.1 percent per capita) despite increased oil exports and public spending, as economic spillovers from the war in Sudan continue. Inflation will increase...
Type: BriefReport#: 194095Date: October 1, 2024Author:
World Bank
Ethiopia liberalized its foreign exchange market, removing a significant obstacle to economic growth and stability. Complementary structural reforms support the transition to private sector-led growth...
Type: BriefReport#: 194107Date: October 1, 2024Author:
World Bank
Real GDP is projected to grow by 4.6 percent in 2024, driven by higher exports and public spending financed by higher Southern African Customs Union (SACU) revenues. The fiscal deficit is projected to...
Type: BriefReport#: 194106Date: October 1, 2024Author:
World Bank
Despite the decline in power cuts since early 2024, the medium-term growth trajectory remains hampered by several supply-side structural constraints (infrastructure bottlenecks, weak business environment,...
Type: BriefReport#: 194131Date: October 1, 2024Author:
World Bank
This report aims to guide the government of Romania in establishing ROInnovate based on a novel analysis of international best practices and domestic gaps and needs. This analysis includes an extensive...
Type: ReportReport#: 200432Date: October 1, 2024Author:
World Bank
After a decade among the fastest-growing economies in Sub-Saharan Africa, the combined impact of the COVID-19 pandemic and Russia’s invasion of Ukraine slowed economic growth in Côte d’Ivoire in 2020....
Type: BriefReport#: 196069Date: October 1, 2024Author:
World Bank
The onset of the COVID-19 pandemic led to a spike in poverty as measured by the upper middle-income $6.85 2017 PPP per day international poverty line, from 14.7 percent in 2019 to 15.5 percent in 2020....
Type: BriefReport#: 196094Date: October 1, 2024Author:
World Bank
The latest EPCV 2019 poverty survey indicates that poor households depend largely on the agricultural sector and are highly vulnerable to food price changes, as 45 percent of their income comes from agricultural...
Type: BriefReport#: 196105Date: October 1, 2024Author:
World Bank
Before the COVID-19 pandemic, Croatia significantly reduced poverty, with the share of people living on less than $6.85/day (2017 PPP) dropping from 6.7 percent to 2.4 percent between 2014 and 2019. This...
Type: BriefReport#: 196110Date: October 1, 2024Author:
World Bank
At the national level, the incidence of poverty in Chad has increased by 2.5 percentage points, rising from 42.3 percent in 2018 to 44.8 percent in 2022. This increase indicates that the poor population...
Type: BriefReport#: 196158Date: October 1, 2024Author:
World Bank
The government of Mauritania and the World Bank collaborated to implement a Family Dialogue pilot that targets the recipients of Tekavoul, the national cash transfer program and combines a couple’s training...
Type: Policy NoteReport#: 194389Date: October 1, 2024Author:
Christian Jean Noel Batiobo ;
Bedi, Tara ;
Bequet, Ludovic ;
Claire Elise Boxho ;
Julia Vaillant
Policy recommendations to increase wastewater reuse in Mongolia, based on the case study of Amgalan Thermal Plant expansion using treated wastewater from MCS Coca-Cola LLC and soil water to reduce damages...
Type: Working PaperReport#: 194664Date: October 1, 2024Author:
World Bank
Malaysia’s economy is expected to expand at a faster pace in 2024. After experiencing weaker-than expected growth last year, Malaysia’s economy grew strongly in the first half of 2024, driven by robust...
Type: Economic Updates and ModelingReport#: 193954Date: October 1, 2024Author:
World Bank
The economy has stabilized with positive growth, low inflation, a steady exchange rate, and improved fiscal and external balances amid the debt service suspension. However, poverty and inequality remain...
Type: BriefReport#: 194067Date: October 1, 2024Author:
World Bank
A recovery in tourism infrastructure spending and easing inflation have supported economic activity in Dominica in 2023, although high food prices continue to disrupt livelihoods of vulnerable populations....
Type: BriefReport#: 194014Date: 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
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
The economy has stabilized with positive growth, low inflation, a steady exchange rate, and improved fiscal and external balances amid the debt service suspension. However, poverty and inequality remain...
Type: BriefReport#: 194067Date: October 1, 2024Author:
World Bank
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