COLOMBO, June 29, 2017— Sri Lankan Government led reforms to improve competitiveness, maintain macro-fiscal stability and strengthen institutions, with broad support in the country, are key to robust economic...
Date: June 29, 2017
Type: Press Release
Language: English
Bangladesh’s economic growth remains resilient in spite of volatile export growth and a decline in remittances. A new World Bank report The Bangladesh Development Update May 2017 notes inflation has decelerated...
Date: May 14, 2017
Type: Feature Story
Language: English
YANGON, January 30, 2017 – Myanmar’s economy will grow an average of 7.1 percent per year in the next three years, as inflation pressures are expected to ease up and private and public investments...
Date: January 30, 2017
Type: Press Release
Language: English
As countries across Europe and Central Asia continue to face challenging economic headwinds, the eastern part of the region in particular is being impacted by the collapse of oil revenues and the associated...
Date: June 20, 2016
Type: Feature Story
Language: English
Weak global growth in 2015 has affected Indonesia, with the country growing only by 4.8% last year. Indonesia’s 2015 growth was respectable for a commodity exporting country, but was not enough to absorb...
Date: March 15, 2016
Type: Feature Story
Language: English
Bangladesh's economy is on a stable path with a positive near-term macroeconomic outlook. The latest Bangladesh Development Update notes declining inflation, rising reserves, contained fiscal...
Date: October 20, 2015
Type: Feature Story
Language: English
Higher infrastructure spending needed to support the economy Jakarta, July 8, 2015 – Although still growing faster than other commodity exporting countries, subdued fixed investment and weaker...
Date: July 8, 2015
Type: Press Release
Language: English
Growth is forecasted at 4.7 percent for 2015, revised down from the previous forecast of 5.2 percent, as real output growth slowed to 4.7% year-on-year in the first quarter of 2015, the slowest pace...
Date: July 8, 2015
Type: Feature Story
Language: English
Bold fuel subsidy reform has paved the way for the revised 2015 Budget, the first of the new government, to shift spending allocations decisively towards development priorities, especially capital expenditures,...
Date: March 18, 2015
Type: Feature Story
Language: English
WASHINGTON, March 5, 2015 – Rapid expansion of oil supply from unconventional sources, a significant change in OPEC’s policy stance, and weak global demand are driving the recent plunge in oil prices,...
Date: March 5, 2015
Type: Press Release
Language: English
Indonesia’s growth is set to slow in 2014; and risks remain high. Reversing the slower growth forecast for 2014 will require additional and more focused policy responses. In particular, while policymakers...
Date: December 17, 2013
Type: Feature Story
Language: English
Jakarta, December 16, 2013 – Reversing the slower growth forecast for 2014 will require additional and more focused policy responses, says the World Bank’s latest Indonesia Economic Quarterly report, released...
Date: December 17, 2013
Type: Press Release
Language: English
YANGON, November 6, 2013 – This first edition of the Myanmar Economic Monitor (MEM) reports that growth in 2012/13 was strong at 6.5 percent driven mainly by strong performance in gas production,...
Date: November 6, 2013
Type: Press Release
Language: English
Recent Economic Developments Economic growth in Nepal dipped to 3.6% in FY13, with average inflation just under the double-digit mark, according to the Nepal Development Update October 2013. This weak...
Date: October 31, 2013
Type: Feature Story
Language: English
The pace of adjustment in Indonesia’s economy and policy settings to weaker commodity prices and to tighter external financing intensified in the third quarter, with the Rupiah depreciating by 17 percent...
Date: October 5, 2013
Type: Feature Story
Language: English
GDP growth seen moderating to 5.3 percent in 2014, as Indonesia adjusts to weaker commodity prices and tighter external financing conditions Jakarta, October 4, 2013 – Indonesia’s economy continues to...
Date: October 4, 2013
Type: Press Release
Language: English
Abuja, May 13, 2013 – Nigeria’s short term macroeconomic outlook looks generally strong, with the likelihood of higher growth, lower inflation, and reserve accumulation. This will present the Government...
Date: May 13, 2013
Type: Press Release
Language: English
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