Panama is estimated to have grown 6.5 percent in 2023 fueled by strong construction, commerce, transport, tourism, the Colon Free Trade Zone, and financial activities during the first three quarters. Improving...
Type: BriefReport#: 188912Date: April 3, 2024Author:
World Bank
The Comoros’ economy continues to recover following the resumption of private consumption and investments in tourism and transport infrastructure. Growth is expected to average 3.9 percent over 2024-26,...
Type: BriefReport#: 188977Date: April 3, 2024Author:
World Bank
Montenegro’s economy performed stronglyin 2023, with an estimated GDPgrowth of 6 percent. However, economicgrowth is expected to moderate in 2024,and the fiscal deficit is projected to widenduring 2024-27...
Type: BriefReport#: 188881Date: April 3, 2024Author:
World Bank
Economic growth is estimated to have reached 0.9 percent in 2023, compared to 0.5 percent in 2022.CAR's structural vulnerabilities, compounded by external shocks, continue to strain public finances and...
Type: BriefReport#: 188975Date: April 3, 2024Author:
World Bank
GDP growth is estimated at just 1 percent in FY2023-2024 reflecting supply chain and transport disruptions, and the impacts of elevated conflict and uncertainty. Sustained exchange rate depreciation and...
Type: BriefReport#: 188850Date: April 3, 2024Author:
World Bank
Continued investment momentum, lower inflation, and improved global supply conditions have supported a modest acceleration of GDP growth expected at 6.0 percent in FY24. A sustained fiscal consolidation...
Type: BriefReport#: 189015Date: April 3, 2024Author:
World Bank
Rwanda’s strong economic momentum continued in 2023, with 8.2 percent growth in 2023 - led by services, manufacturing, and construction. Inflationary pressures have eased due to improvements in domestic...
Type: BriefReport#: 189004Date: April 3, 2024Author:
World Bank
Growth is projected to moderate in 2024 before picking up again in 2025-26, albeit at a slower-than-expected pace reflecting a deteriorated external environment including ECOWAS uncertainties, and ongoing...
Type: BriefReport#: 189014Date: April 3, 2024Author:
World Bank
Growth increased to 2 percent in 2023 and will remain at around this rate over 2024-26. The outlook is subject to downside risks from delays in the Lesotho Highlands Water Project, LHWP), and the implementation...
Type: BriefReport#: 188993Date: April 3, 2024Author:
World Bank
The economy continues its recovery as improved weather conditions boost agriculture production, private consumption, and exports. GDP is estimated to have grown at 3.1 percent in 2023, up from 2.4 percent...
Type: BriefReport#: 189009Date: April 3, 2024Author:
World Bank
Real GDP growth slowed in 2023 to 3.4 percent from 6.4 percent in 2022. Monetary policy tightening and lower international food and energy prices eased inflation and improved the current account balance....
Type: BriefReport#: 188998Date: April 3, 2024Author:
World Bank
South Africa’s economic growth slowed to 0.6 percent in 2023, undermined by constraints on products and input markets and a broad-based decline in public service delivery (electricity supply, transport...
Type: BriefReport#: 189010Date: April 3, 2024Author:
World Bank
In 2023, lower oil production and an exchange rate shock led to economic stagnation. The May-June currency slide continues to fuel inflationary pressures. Lower tax revenues, larger interest payments and...
Type: BriefReport#: 188968Date: April 3, 2024Author:
World Bank
Continued investment momentum, lower inflation, and improved global supply conditions have supported a modest acceleration of GDP growth expected at 6.0 percent in FY24. A sustained fiscal consolidation...
Type: BriefReport#: 189015Date: April 3, 2024Author:
World Bank
Grenada is expected to have returned to its strong pre-COVID growth in 2023, thanks to tourism and construction. The country has improved its fiscal position and continues to reduce its public debt. It...
Type: BriefReport#: 188904Date: April 3, 2024Author:
World Bank
Growth has been moderate and dependent on remittances and external demand. It decelerated to 3.5 percent in 2023 and is expected to decrease slightly to 3.4 percent in 2024 due to slower US growth. Stable...
Type: BriefReport#: 188908Date: April 3, 2024Author:
World Bank
In Q4 2023, Lebanon was hit by yet another large shock: the spillover effects from the conflict in the Middle East centered in Gaza. The escalation in military confrontation in southern Lebanon has caused...
Type: BriefReport#: 188941Date: April 3, 2024Author:
World Bank
The Comoros’ economy continues to recover following the resumption of private consumption and investments in tourism and transport infrastructure. Growth is expected to average 3.9 percent over 2024-26,...
Type: BriefReport#: 188977Date: April 3, 2024Author:
World Bank
Equatorial Guinea’s economy contracted by an estimated 5.8 percent in 2023, mainly due to declining oil reserves. The fiscal and external balances deteriorated amid declining oil export earnings. The economy...
Type: BriefReport#: 188982Date: April 3, 2024Author:
World Bank
Despite avoiding another energy crisis,Moldova has grappled with the falloutfrom Russia's invasion of Ukraine, facingreduced incomes and a strained economy,resulting in sluggish growth in 2023.Structural...
Type: BriefReport#: 188880Date: April 3, 2024Author:
World Bank
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