Ghana is in a deep macroeconomic crisis. Public debt is being restructured to restore fiscal and debt sustainability, growth has slowed down considerably, inflation is exceptionally high, the cedi has...
Type: BriefReport#: 181366Date: April 1, 2023Author:
World Bank
Real GDP growth is expected to slow to 1.5 percent in 2023 due to continued policy tightening and external headwinds, converging to 2.0 percent by 2025.Mexico faces risks of more persistent inflation,...
Type: BriefReport#: 181313Date: April 1, 2023Author:
World Bank
Growth accelerated in 2022 due to increased oil production and higher oil prices allowing for an expansive fiscal stance in an election year. With an appreciating currency and food prices easing, inflation...
Type: BriefReport#: 181346Date: April 1, 2023Author:
World Bank
Recent shocks undermined Cameroon’s real GDP growth in 2022 and fueled inflation, with adverse consequences on poverty. The medium-term outlook shows reduced fiscal and current account deficits, with growth...
Type: BriefReport#: 181352Date: April 1, 2023Author:
World Bank
Growth rebounded to 15 percent in 2022, with real per capita incomes surpassing pre-pandemic levels, driven by the recovery of tourism. Russia’s invasion of Ukraine intensified inflation pressures, which...
Type: BriefReport#: 181351Date: April 1, 2023Author:
World Bank
Jamaica’s economy continues to recover from the record contraction of 2020. A track record of policy and institutional reforms to strengthen macroeconomic management in recent years allowed the government...
Type: BriefReport#: 181312Date: April 1, 2023Author:
World Bank
GDP growth slowed to an estimated 0.4 percent in 2022, partly reflecting the impact of inflationary pressures on domestic demand and weak performance in agriculture. The fiscal deficit increased between...
Type: BriefReport#: 181361Date: April 1, 2023Author:
World Bank
Liberia’s economy grew by 4.8 percent in 2022, following a strong rebound in 2021. Growth is expected to slow to 4.3 percent in 2023, reflecting global slowdown and uncertainties surrounding Russia’s invasion...
Type: BriefReport#: 181371Date: April 1, 2023Author:
World Bank
Growth slowed to 4.2 percent in 2022, from 6.5 percent in 2021, alongside soaring food and energy prices stemming from Russia’s invasion of Ukraine. The fiscal deficit and debt levels remained elevated,...
Type: BriefReport#: 181383Date: April 1, 2023Author:
World Bank
Romania’s economic growth was robust in 2022 at 4.8 percent, driven by strong private consumption and a pick-up in investment. Economic prospects are moderated by the spillovers from Russia’s invasion...
Type: BriefReport#: 181325Date: April 1, 2023Author:
World Bank
Uganda’s economy is expected to grow above 5 percent in FY23, as investment picks momentum, supported by lower inflationary pressures and easier monetary policy. Reducing the fiscal deficit to 3.5 percent...
Type: BriefReport#: 181392Date: April 1, 2023Author:
World Bank
Sierra Leone’s post-pandemic recovery was disrupted by concurrent domestic and external shocks, as global spillovers from Russia’s invasion of Ukraine exacerbated existing macro-fiscal vulnerabilities....
Type: BriefReport#: 181385Date: April 1, 2023Author:
World Bank
The October 2021 military takeover weakened domestic activity, slowing progress toward debt relief as part of the heavily indebted poor countries initiative. Despite food insecurity, floods, higher input...
Type: BriefReport#: 181389Date: April 1, 2023Author:
World Bank
Growth is expected to decelerate to 4.7 percent in 2023 from 8.3 percent in 2022, negatively impacted by lower global demand. Inflation will begin to ease after reaching 10.8 percent in 2022, the highest...
Type: BriefReport#: 181376Date: April 1, 2023Author:
World Bank
Growth resumed in 2022 following COVID-19 and volcanic disruptions in 2020 and 2021. Tourism is performing well. Still, poverty is expected to have remained above its pre-pandemic level. After several...
Type: BriefReport#: 181319Date: April 1, 2023Author:
World Bank
Women are key in the sugarcane industry and have an untapped potential to contribute to the growth of the sector. IFC MAS Advisory worked with DCM Shriram and Olam India to narrow the gap in access to...
Type: BriefReport#: 181658Date: April 1, 2023Author:
World Bank
Due to a high degree of skepticism in the population about Covid-19 vaccines, vaccination coverage in Gabon is among the lowest in the Central Africa region. After a high rate of initial job losses, with...
Supported by the revival of the hydro and non-hydrocarbon sectors, Oman’s economy performed strongly in 2022. Despite the downturn in global activity, the outlook continues to be encouraging driven by...
Type: BriefReport#: 181424Date: April 1, 2023Author:
World Bank
Morocco has undergone a sharp deceleration due to domestic and international shocks: a drought and high commodity prices. This triggered supply-driven inflationary pressures that have broadened, disproportionately...
Type: BriefReport#: 181422Date: April 1, 2023Author:
World Bank
The lingering impact of the 2021 riots along with a local outbreak of COVID-19 and Russia’s invasion of Ukraine resulted in a deep recession. However, the economy will start to recover in 2023 and 2024...
Type: BriefReport#: 181340Date: April 1, 2023Author:
World Bank
You have clicked on a link to a page that is not part of the beta version of the new worldbank.org. Before you leave, we’d love to get your feedback on your experience while you were here. Will you take two minutes to complete a brief survey that will help us to improve our website?
Feedback Survey
Thank you for agreeing to provide feedback on the new version of worldbank.org; your response will help us to improve our website.
Thank you for participating in this survey! Your feedback is very helpful to us as we work to improve the site functionality on worldbank.org.
