While Guatemala continued to grow above the LAC average in 2022, poverty is estimated to exceed pre-pandemic levels. External shocks affected its prudent macroeconomic policy, increasing inflation and...
Type: BriefReport#: 181308Date: April 1, 2023Author:
World Bank
The Comoros’ recovery has been hindered by Russia’s invasion of Ukraine. For the fourth consecutive year, growth remained below pre-Cyclone Kenneth levels. Low-income households have been affected by rising...
Type: BriefReport#: 181355Date: April 1, 2023Author:
World Bank
In Maldives, the economy has recovered to pre-pandemic levels and, with rising tourist arrivals, is expected to maintain a strong growth and poverty reduction trajectory. Commodity price volatility is...
Type: BriefReport#: 181429Date: April 1, 2023Author:
World Bank
Lesotho’s economy expanded by a modest 1.8 percent in 2022 due to domestic political uncertainties and external shocks. GDP growth is projected to accelerate to about 2.3 percent in 2023, driven by the...
Type: BriefReport#: 181370Date: April 1, 2023Author:
World Bank
Growth in 2023 is projected to decelerate due to a global economic slowdown, still high inflation and the lagged effect of monetary tightening. Despite the improved fiscal accounts in 2022, fiscal risks...
Type: BriefReport#: 181297Date: April 1, 2023Author:
World Bank
Kenya’s recovery remains strong despite multiple shocks, but high inflation and prolonged drought slowed down poverty reduction. Growth is projected to remain above pre-covid average. Fiscal consolidation...
Type: BriefReport#: 181369Date: April 1, 2023Author:
World Bank
India has been one of the fastest-growing major economies in the world, but growth in FY23-24 will moderate on the back of global spillovers and slower consumption growth. Lower demand-pull pressures and...
Type: BriefReport#: 181428Date: April 1, 2023Author:
World Bank
In Sri Lanka, the economy contracted significantly in 2022, leading to the worst poverty levels since 2009 and reversing some past human capital gains. Debt restructuring and implementation of deep reforms...
Type: BriefReport#: 181433Date: April 1, 2023Author:
World Bank
A severe drought depressed growth in 2022. This, combined with high inflation, is estimated to have increased extreme poverty. As weather conditions normalize, the economy is expected to rebound by 4.8...
Type: BriefReport#: 181316Date: April 1, 2023Author:
World Bank
Real GDP growth in Croatia remained strong in 2022, with favorable developments concentrated in the first half of the year. The country is expected to avoid contraction in 2023 but growth is set to be...
Type: BriefReport#: 181274Date: April 1, 2023Author:
World Bank
In Bosnia and Herzegovina, real output growth decelerated to 4 percent in 2022 from 7.4 percent the year before largely due to an adverse term of trade shock. The shock accelerated inflation to 14 percent...
Type: BriefReport#: 181271Date: April 1, 2023Author:
World Bank
STP has faced severe macroeconomic imbalances. Growth stagnated amid successive shocks, most recently the impact of Russia’s invasion of Ukraine, and recurrent energy crisis. Inflation spiked to 25 percent...
Type: BriefReport#: 181382Date: April 1, 2023Author:
World Bank
With lower agricultural output, erratic electricity supply, forex shortages affecting importation of raw materials and high global commodity prices, GDP growth declined to 0.9 percent in 2022. Economic...
Type: BriefReport#: 181373Date: April 1, 2023Author:
World Bank
In Kosovo, the terms of trade shock driven by Russia’s invasion of Ukraine and the associated energy crisis continued to impact economic activity in 2022, but the economy showed resilience. Real GDP growth...
Type: BriefReport#: 181279Date: April 1, 2023Author:
World Bank
The objective of this note is to identify national entry points to strengthen the inclusion of persons with disabilities in Suriname. This note was prepared to accompany the operationalization of the regional...
Type: BriefReport#: 190161Date: March 31, 2023Author:
World Bank
The objective of this note is to identify national entry points to strengthen the inclusion of persons with disabilities in Grenada. This note was prepared to accompany the operationalization of the regional...
Type: BriefReport#: 191060Date: March 31, 2023Author:
World Bank
The objective of this note is to identify national entry points to strengthen the inclusion of persons with disabilities in Saint Vincent and the Grenadines. This note was prepared to accompany the operationalization...
Type: BriefReport#: 191602Date: March 31, 2023Author:
World Bank
On March 31, 2023, the World Bank Group (WBG) held a closed-door discussion with International Non-Governmental Organizations (INGOs) and representatives of think tanks on the WBG Gender Strategy for 2024-2030....
Type: BriefReport#: 192248Date: March 31, 2023Author:
World Bank
The objective of this note is to identify national entry points to strengthen the inclusion of persons with disabilities in Saint Lucia. This note was prepared to accompany the operationalization of the...
Type: BriefReport#: 191063Date: March 31, 2023Author:
World Bank
Mauritania is highly exposed to recurrent and extreme droughts resulting in food security crises. The Government of Mauritania, with support from the World Bank, has introduced a new institutional and...
Type: BriefReport#: 184225Date: March 31, 2023Author:
Ishizawa Escudero, Oscar Anil ;
Lefebvre, Matthieu ;
Van der Borght, Rafael
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