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...
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...
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...
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....
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...
Type: BriefReport#: 194131Date: October 1, 2024Author:
World Bank
The global shift toward electric
mobility is driven by environmental and economic goals.
Pakistan is no exception. Recognizing the potential benefits
of electric vehicles...
Type: Journal ArticleReport#: 193817Date: October 1, 2024Author:
Srinivasan,Shyam ;
Aftab,Fatima Noor ;
Mollinedo Trujillo,Pablo Claudio Armando ;
Flor,Lincoln
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...
Type: Economic Updates and ModelingReport#: 193954Date: October 1, 2024Author:
World Bank
This paper examines how procurement
rules affect international trade, leveraging a novel dataset
that characterizes national laws across 141 countries. Text
analysis...
Type: Policy Research Working PaperReport#: WPS10937Date: October 1, 2024Author:
Barreto Cifuentes,Carlos Sebastian ;
Beshkardana,Katayoon ;
El-Bayya,Majed ;
Rotunno,Lorenzo
The growing use of drones is a source of
both excitement and apprehension. The excitement is among
businesses and beneficiaries across sectors who are
anticipating,...
Type: Journal ArticleReport#: 193811Date: October 1, 2024Author:
Ochoa Sepulveda,Maria Catalina ;
Anderson,Edward Charles ;
Engelmann,Gregor ;
Guerin,David Roy
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,...
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...
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...
Type: BriefReport#: 194018Date: 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...
Type: ReportReport#: 194068Date: 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,...
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,...
Type: BriefReport#: 194067Date: 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...
Type: BriefReport#: 193972Date: October 1, 2024Author:
World Bank
GDP growth is projected to gather pace,
supported by foreign direct investment inflows, a rebound in
exports, and the dissipation of drought effects. Lower
inflation...
Type: BriefReport#: 194123Date: October 1, 2024Author:
World Bank
Growth is expected to moderate in
2024-2025 to an average of 5.4 percent, reflecting fiscal
consolidation and subdued global demand. Reforms and slowing
inflation will...
Type: BriefReport#: 194135Date: October 1, 2024Author:
World Bank
Economic activity continues to perform
well despite OPEC+ oil production cuts, driven by the
expansion of nonhydrocarbon activities, notably in
construction, manufacturing,...
Type: BriefReport#: 194048Date: 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...
Type: BriefReport#: 194012Date: October 1, 2024Author:
World Bank
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