On April 12, 2023, the World Bank Group (WBG) held a discussion on the WBG Gender Strategy 2024-2030 with representatives from civil society, academia and others who focus sexual orientation and gender...
Type: BriefReport#: 192258Date: April 12, 2023Author:
World Bank
Following a protracted recession that started in 2015, the Republic of Congo’s (ROC) economy grew by an estimated 1.5 percent in 2022.Higher commodity prices stemming from Russian invasion of Ukraine are...
Type: BriefReport#: 181357Date: April 12, 2023Author:
World Bank
Strong agriculture and services output resulted in higher-than-expected GDP growth estimated at 6.4 percent in FY22. But growth remains lower than pre-COVID-19 levels and the economy remains vulnerable...
Type: BriefReport#: 181362Date: April 12, 2023Author:
World Bank
A severe drought will curtail growth in 2023, derailing reserve accumulation and fiscal revenues. Inflation has reached historical highs and continues to deter progress in poverty reduction. Growth is...
Type: BriefReport#: 181292Date: April 11, 2023Author:
World Bank
While economic activity had stabilized in mid-2022, attacks on Ukraine’s energy infrastructure starting in October have caused disruptions and undermined the recovery. GDP declined by 29.2 percent in 2022...
Type: BriefReport#: 181330Date: April 11, 2023Author:
World Bank
On April 11, 2023, the Center for Global Development (CGD) and WeProsper hosted the event, “Updating the World Bank Group’s Gender Strategy: The Critical Role for Social Protection.” This was part of the...
Type: BriefReport#: 192240Date: April 11, 2023Author:
World Bank
Dominica’s economy continues to perform well as tourism rebounds following its abrupt stop in 2020. Nonetheless, poverty is expected to remain elevated compared to pre-COVID-19 levels due to the impact...
Type: BriefReport#: 181302Date: April 11, 2023Author:
World Bank
Vaccine inequity received increased global attention in the wake of the COVID-19 pandemic. Building regional vaccine development and manufacturing capabilities is an important step toward vaccine security...
Type: BriefReport#: 191137Date: April 10, 2023Author:
Schäferhoff, Marco ;
Zimmerman, Armand ;
Mutasa, Ronald Upenyu ;
Seiter, Andreas ;
Ramana, Gandham N.V. ;
Harimurti, Pandu ;
Newmarch, Giles Edward
According to the GovTech Maturity Index (GTMI) 2022 update for the Latin America and the Caribbean (LAC) region, 18 countries in groups A and B are exhibiting significant focus on GovTech initiatives to...
Type: BriefReport#: 181254Date: April 10, 2023Author:
Dener,Cem ;
Johns,Kimberly D. ;
Nii-Aponsah,Hubert ;
Blanco,Charles Victor ;
La Cascia,Joseph Huntington ;
Giray,Cagla ;
Hartmann,Johannes Till ;
Kim,Youngseok ;
Okahashi,Asami ;
Siregar,Freida ;
João Ricardo Vasconcelos
As of January 2023, more than 7.18 million Venezuelans have fled their country; making it the second largest movement of migrants and vulnerable people after the recent Ukrainian crisis. Of these, over...
Type: BriefReport#: 197356Date: April 5, 2023Author:
World Bank
On average, firms operated at 67 percent of their capacity in December 2022 - a recovery to levels last reported in March 2022. Three-quarters of firms reported that the kyat depreciation against the US...
Type: BriefReport#: 181440Date: April 3, 2023Author:
World Bank
The economic crisis caused by the COVID-19 pandemic sharply reduced mobility and economic activity, disrupting the lives of people around the globe. This brief presents estimates on the crisis’ impact...
Type: BriefReport#: 181166Date: April 3, 2023Author:
Khamis,Melanie ;
Prinz,Daniel ;
Newhouse,David Locke ;
Palacios-Lopez,Amparo ;
Pape,Utz Johann ;
Weber,Michael
In a randomized evaluation conducted in Burkina Faso, the authors examine whether the provision of affordable childcare services improves both early childhood development and women’s economic empowerment....
Type: BriefReport#: 184232Date: April 1, 2023Author:
Ajayi, Kehinde F. ;
Dao,Aziz ;
Koussoube,Mousson Estelle Jamel
Following the strong performance in 2022, economic growth is expected to taper off in 2023 driven by stagnant oil production, as part of OPEC+ agreed production schedule. Inflation remains contained supported...
Type: BriefReport#: 181434Date: April 1, 2023Author:
World Bank
Growth is expected to slow to 4.3 percent in 2023 amid a substantial slowdown in external demand. Deeper slowdown in major economies, uncertainty surrounding inflation, and relatively high debt levels...
Type: BriefReport#: 181334Date: April 1, 2023Author:
World Bank
Strong private consumption and further tourism recovery, especially after the reopening of China’s border, will continue to support economic growth, rising household incomes, and a decline in the poverty...
Type: BriefReport#: 181342Date: April 1, 2023Author:
World Bank
Jordan has shown resilience vis-à-vis major regional and global crises. However, labor market conditions suggest that incomes have not recovered after COVID, while climate change risks exacerbate food...
Type: BriefReport#: 181416Date: April 1, 2023Author:
World Bank
Economic growth is accelerating driven by both a continued robust non-hydrocarbon activity and hydrocarbon production expansion. Higher oil prices and renewed fiscal reforms momentum are improving fiscal...
Type: BriefReport#: 181411Date: April 1, 2023Author:
World Bank
COVID-19 led to recessions in the Federated States of Micronesia (FSM), Republic of the Marshall Islands (RMI), and Palau. Economic activity remained subdued in FY22, and to gain momentum from FY23 onwards...
Type: BriefReport#: 181337Date: April 1, 2023Author:
World Bank
The Palestinian economy’s post-pandemic recovery continued during 2022, albeit at a slower rate compared to the 2021 rebound. Despite a significant narrowing of the deficit in 2022, the fiscal situation...
Type: BriefReport#: 181427Date: April 1, 2023Author:
World Bank
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