Mauritius’ economy is expected to grow by 5.6 percent in 2024, supported by a pick-up in tourism and investment in response to easing labor regulations for foreigners. Inflation is projected to fall to...
Type: BriefReport#: 194120Date: October 1, 2024Author:
World Bank
Stronger cashew exports and falling inflation will support growth of 5 percent in 2024, reducing poverty to 23.4 percent ($2.15 per-person per-day PPP 2017). Expenditure rationalization, improved revenue...
Type: BriefReport#: 194112Date: October 1, 2024Author:
World Bank
Growth will be driven by investments associated with Phase II of the Lesotho Highlands Water Project (LHWP-II), increasing in 2024 and 2025, and moderating thereafter. Structural weaknesses limit private...
Type: BriefReport#: 194114Date: October 1, 2024Author:
World Bank
Growth is set to slightly decelerate in 2024 partly due to the impact of the December 2023 fuel depot explosion. The fiscal deficit is projected to widen to 3.0 percent in 2024 as capital spending increases....
Type: BriefReport#: 194111Date: October 1, 2024Author:
World Bank
Economic growth rose to 5.3 percent in FY23/24 and is projected to increase further in the short to medium term due to the commissioning of new hydropower plants and recovery of the tourism sector. Fiscal...
Type: BriefReport#: 194062Date: October 1, 2024Author:
World Bank
Real GDP growth is expected to slow from 5.2 percent in FY24 to 4.0 percent in FY25, driven by subdued investment and industrial growth in the aftermath of student-led protests and persistent social grievances....
Type: BriefReport#: 194061Date: October 1, 2024Author:
World Bank
Growth in 2024 is expected to recover to 5.7 percent (1.8 percent per capita) with the sanctions lifted in February 2024 and resumption of financing. However, the expected boost from oil exports has been...
Type: BriefReport#: 194124Date: October 1, 2024Author:
World Bank
The economy continues to face significant challenges from both global and domestic sources. Despite showing resilience amid concurrent shocks, policy slippages have exacerbated macroeconomic conditions...
Type: BriefReport#: 194129Date: October 1, 2024Author:
World Bank
Economic growth is moderating after the rebound in the oil sector in 2023, but recent growth in the non-oil sector has reduced unemployment to a record low and tighter monetary policy has aided a deceleration...
Type: BriefReport#: 194041Date: October 1, 2024Author:
World Bank
Morocco weathered overall well the recent overlapping economic and climate shocks thanks to a strong macroeconomic policy framework and government response. Although a prolonged drought will decelerate...
Type: BriefReport#: 194047Date: October 1, 2024Author:
World Bank
In recent decades, El Salvador has sustained stable, albeit low growth, achieving reductions in poverty and inequality, although progress on poverty has slowed since the pandemic. The country has also...
Type: BriefReport#: 194017Date: October 1, 2024Author:
World Bank
Growth is recovering in 2024 as tight fiscal and monetary policies are gradually relaxed, but inflation is proving stubborn on the last mile towards target and reforms are needed to rekindle productivity...
Type: BriefReport#: 194011Date: October 1, 2024Author:
World Bank
Paraguay’s economy is expected to grow by 3.9 percent in 2024, supported by a healthy soybean harvest. Growth would be faster if not for uneven rainfall, which has dampened hydropower production. Poverty...
Type: BriefReport#: 194027Date: October 1, 2024Author:
World Bank
Cabo Verde is rebounding well from global shocks, buoyed by strong tourism performance. Growth is projected to reach 5.2 percent in 2024 and, along with moderating inflation, will contribute to reducing...
Type: BriefReport#: 194092Date: October 1, 2024Author:
World Bank
Botswana’s growth is projected to decline to 1 percent in 2024 from 2.7 in 2023, partly owing to a weak global diamond market. Higher public investment and measures to support households are set to increase...
Type: BriefReport#: 194089Date: October 1, 2024Author:
World Bank
Morocco weathered overall well the recent overlapping economic and climate shocks thanks to a strong macroeconomic policy framework and government response. Although a prolonged drought will decelerate...
Type: BriefReport#: 194047Date: October 1, 2024Author:
World Bank
Mauritius’ economy is expected to grow by 5.6 percent in 2024, supported by a pick-up in tourism and investment in response to easing labor regulations for foreigners. Inflation is projected to fall to...
Type: BriefReport#: 194120Date: October 1, 2024Author:
World Bank
A severe drought has impacted 9.8 million people, with 6.6 million requiring urgent relief. Real GDP growth is projected to decelerate to 2.0 percent in 2024, worsening extreme poverty. This is despite...
Type: BriefReport#: 194137Date: October 1, 2024Author:
World Bank
This report records the bi-annual overview of status of implementation of ongoing management action plans prepared in response to Inspection Panel investigation reports as of October 1, 2024.
Type: Board ReportReport#: 194307Date: October 1, 2024Author:
World Bank
Togo saw modest poverty reduction between 2018 and 2021, with notable urban-rural disparities. The national poverty rate dropped slightly from 45.5 percent to 43.8 percent, with urban areas experiencing...
Type: BriefReport#: 196159Date: October 1, 2024Author:
World Bank
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