The World Bank is financing the Ulaanbaatar Sustainable Urban Transport Project (USUTP) which started implementation in June 2021 and is scheduled to be completed in December 2026. The project will help...
Type: ReportReport#: 195703Date: October 1, 2024Author:
World Bank
In the region of the Americas, non-communicable diseases (NCDs) constitute a major disease burden, accounting for approximately 80 percent of all deaths (PAHO 2019). Mental and neurological disorders,...
Type: BriefReport#: 194760Date: October 1, 2024Author:
Anne-Sophie Jung ;
Jeremy Veillard ;
Timothy A. Johnston
In Kiribati a large pre-election increase in public sector wages will support growth. In Tuvalu, development priorities are being shaped by the 2024 Falepili Union Treaty, which allows Tuvaluans to emigrate...
Type: BriefReport#: 193968Date: October 1, 2024Author:
World Bank
Growth slowed in 2023 due to low budget execution during the government transition. Inflation fell to 3.4 percent in early 2024, driven by non-food prices, though food prices remain high. Labor market...
Type: BriefReport#: 193983Date: October 1, 2024Author:
World Bank
Economic growth rose to 5.3 percent in FY23/24 and is projected to increase further in the short to medium term due to the commissioning of new hydropower plants and recovery of the tourism sector. Fiscal...
Type: BriefReport#: 194062Date: October 1, 2024Author:
World Bank
After an expected cool-off in 2023, growth accelerated but is expected to remain weak at 1.5 percent in 2024. Fiscal consolidation to comply with the Fiscal Rule and Colombia’s long-standing low productivity...
Type: BriefReport#: 194012Date: October 1, 2024Author:
World Bank
Following weaker-than-expected growth in 2023, Malaysia is projected to grow at a higher rate of 4.9 percent in 2024. Stronger private consumption, investment, and exports will continue to support growth....
Type: BriefReport#: 193973Date: 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 Europe and Central...
Type: ReportReport#: 193962Date: October 1, 2024Author:
World Bank
With fuel import shortages unresolved and repeated power outages in 2024, economic stagnation persists, with growth projected at just 0.7 percent. In this context, the country is navigating a difficult...
Type: BriefReport#: 194094Date: 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
DRC inaugurated a new government following reelection of President Tshisekedi for another term, reassuring investors and development partners on reforms continuity. However, a GDP slowdown is expected...
Type: BriefReport#: 194097Date: 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
Macroeconomic conditions in Syria have worsened further due to prolonged armed conflict, low crop production, soaring food prices, and diminished humanitarian aid and fiscal subsidies. Subject to extraordinarily...
Type: BriefReport#: 194053Date: October 1, 2024Author:
World Bank
Economic growth continues to be suppressed by the extended oil output cuts but is projected to gradually pick up in FY2025 given a likely increase in oil production starting in 2025. The non-oil sector...
Type: BriefReport#: 194052Date: October 1, 2024Author:
World Bank
Albania, a small upper-middle-income country aspiring to join the European Union, has made significant strides in reducing poverty and in narrowing its income gap with the EU. However, energy poverty remains...
Type: Country Climate and Development ReportReport#: 194438Date: October 1, 2024Author:
World Bank
The Country Opinion Survey in Namibia assists the World Bank Group (WBG) in better understanding how stakeholders in Namibia perceive the WBG. It provides the WBG with systematic feedback from national...
Type: ReportReport#: 195286Date: September 30, 2024Author:
World Bank
The Foundational Learning Compact Progress Report October 2023–September 2024
presents the progress made in FLC activities and highlights from its associated
trust fund, the Early Learning Partnership...
Type: ReportReport#: 195866Date: September 30, 2024
The Palestinian Authority’s (PA) fiscal position has considerably worsened since the eruption of the Middle East conflict in October 2023, and the ensuing economic recession. The Palestinian economy is...
Type: Working PaperReport#: 197679Date: September 30, 2024Author:
World Bank
Minimum wages are an essential component of a country's social protection system, aiming to protect vulnerable workers and reduce poverty and wage inequality. Yet, there are risks associated with poor...
Type: Policy Research Working PaperReport#: WPS10934Date: September 30, 2024Author:
Monica Robayo ;
Zamfir,Madalina ;
Wronski,Marcin
This paper discusses the inclusion of usufruct rights in household wealth estimates, emphasizing the theoretical rationale for adjusting traditional estimates that do not include this component. It then...
Type: Policy Research Working PaperReport#: WPS10936Date: September 30, 2024Author:
Giovanni D'Alessio ;
Neri,Andrea ;
Toma,I.
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