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  • Sri Lanka Development Update
    Outlook The Update expects Sri Lanka’s GDP growth to remain unchanged in 2016 and grow marginally over 5.0 percent in 2017 and beyond driven by public and private investment (including the resumption of...
    Date: October 27, 2016 Type: Feature Story Language: English
  • Mongolia: World Bank welcomes policy adjustment measures, calls for fiscal discipline while protecting the poor
    ULAANBAATAR, September 06, 2016—Mongolia’s budget deficit widened sharply in the first seven months of 2016. Budget expenditures increased by 33 percent while budget revenues declined by 3.3 percent, compared...
    Date: September 6, 2016 Type: Press Release Language: English
  • Thailand’s Economy Expected to Grow 2.5 Percent in 2016
    Continuing Economic Reforms, Addressing Aging Population Are Critical Priorities BANGKOK, June 28, 2016—Thailand’s economy is expected to grow by 2.5 percent in 2016, after growing 2.8 percent last year....
    Date: June 28, 2016 Type: Press Release Language: English
  • Low Oil Prices, Declining Remittances and New Challenges for Azerbaijan
    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
  • Good Luck Only Comes With Good Policies
    In recent years, it has become uncomfortably common for economic forecasts to be continuously downgraded. In its most recent World Economic Outlook, the IMF has reduced its growth forecast for the global...
    Date: June 19, 2016 Type: Opinion Language: English
  • Kenya’s Economy Strong in a Challenging Global Environment, says World Bank
    NAIROBI, March 31, 2016—Kenya’s economy is projected to grow at 5.9% in 2016, recording an improvement over the 5.6% estimated for 2015, says a new World Bank Group economic report released today. The...
    Date: March 31, 2016 Type: Press Release Language: English
  • World Bank report: continued policy reforms needed to mitigate external risks
    Ulaanbaatar, November 10, 2015 – Continued fiscal consolidation and sound monetary policies, along with a revitalization of foreign investment, are needed to help Mongolia weather external risks, the World...
    Date: November 10, 2015 Type: Press Release Language: English
  • Statement in Commemoration of International Ozone Day 2014
    Venue: Foreign Economic Cooperation Office (FECO), Ministry of Environmental ProtectionDate: Monday September 15, 2014 Important Steps Along the Path of a Thousand Mile Journey Thank you Vice Minister...
    Date: September 15, 2014 Type: Speeches and Transcripts Language: English
  • Mongolia Economic Update - June 2014
    Key Findings Likely economic adjustment in 2014 as a result of growing external and internal economic imbalancesThree years of growth-oriented economic policies have led to large economic imbalances.In...
    Date: July 3, 2014 Type: Feature Story Language: English
  • Transcript: Panel Discussion at Wall Street Journal CEO Council
      MR. WESSEL:   --and countries like the U.S. and Europe better get used to this because we are going to be less and less relevant in the future with emerging markets. And I would say that,...
    Date: November 19, 2013 Type: Speeches and Transcripts Language: English
  • Strong Domestic Demand Drives Increasing Growth in East Asia Pacific
    A few large economies need to watch for possible overheating SINGAPORE, April 15, 2013 – Driven by strong domestic demand, economies of developing East Asia and Pacific continue to be an engine of global...
    Date: April 15, 2013 Type: Press Release Language: English
  • Ending Somali Piracy Will Need On-Shore Solutions and International Support to Rebuild Somalia
    MOGADISHU, April 11, 2013 – Although piracy episodes off the Horn of Africa have fallen in the last 12 months, a new World Bank analysis of its human and economic costs says that “Somalia cannot ‘buy’...
    Date: April 11, 2013 Type: Press Release Language: English