Malawi’s economic situation remains challenging. A severe drought in 2024 has exacerbated macroeconomic imbalances and added to successive poor harvests and high food prices. Food insecurity is hindering...
Type: BriefReport#: 194117Date: October 1, 2024Author:
World Bank
Despite the devastation of Hurricane Beryl, Grenada’s economy is anticipated to continue growing, supported by tourism and construction. Even with greater fiscal needs for post-Beryl reconstruction efforts,...
Type: BriefReport#: 194018Date: October 1, 2024Author:
World Bank
Economic growth is projected to remain robust over the medium term, driven by strong performance in the tourism sector. However, long-standing fiscal and external imbalances, including a recent sharp decline...
Type: BriefReport#: 194064Date: October 1, 2024Author:
World Bank
The economy has stabilized with positive growth, low inflation, a steady exchange rate, and improved fiscal and external balances amid the debt service suspension. However, poverty and inequality remain...
Type: BriefReport#: 194067Date: October 1, 2024Author:
World Bank
Economic growth continues to be undermined by persistent macroeconomic instability. Despite tighter monetary and fiscal policies, the kip depreciated by 20 percent on average since the beginning of the...
Type: BriefReport#: 193972Date: October 1, 2024Author:
World Bank
GDP growth is projected to gather pace, supported by foreign direct investment inflows, a rebound in exports, and the dissipation of drought effects. Lower inflation and monetary easing should also support...
Type: BriefReport#: 194123Date: October 1, 2024Author:
World Bank
Growth is expected to moderate in 2024-2025 to an average of 5.4 percent, reflecting fiscal consolidation and subdued global demand. Reforms and slowing inflation will support private consumption and investment,...
Type: BriefReport#: 194135Date: October 1, 2024Author:
World Bank
Economic activity continues to perform well despite OPEC+ oil production cuts, driven by the expansion of nonhydrocarbon activities, notably in construction, manufacturing, and services, but fiscal revenues...
Type: BriefReport#: 194048Date: October 1, 2024Author:
World Bank
After an expected cool-off in 2023, growth accelerated but is expected to remain weak at 1.5 percent in 2024. Fiscal consolidation to comply with the Fiscal Rule and Colombia’s long-standing low productivity...
Type: BriefReport#: 194012Date: October 1, 2024Author:
World Bank
The government of Mauritania and the World Bank collaborated to implement a Family Dialogue pilot that targets the recipients of Tekavoul, the national cash transfer program and combines a couple’s training...
Type: Policy NoteReport#: 194389Date: October 1, 2024Author:
Batiobo, Christian Jean Noel ;
Bedi, Tara ;
Bequet, Ludovic ;
Boxho, Claire Elise ;
Vaillant, Julia
Policy recommendations to increase wastewater reuse in Mongolia, based on the case study of Amgalan Thermal Plant expansion using treated wastewater from MCS Coca-Cola LLC and soil water to reduce damages...
Type: Working PaperReport#: 194664Date: October 1, 2024Author:
World Bank
At the national level, the incidence of poverty in Chad has increased by 2.5 percentage points, rising from 42.3 percent in 2018 to 44.8 percent in 2022. This increase indicates that the poor population...
Type: BriefReport#: 196158Date: October 1, 2024Author:
World Bank
After a decade among the fastest-growing economies in Sub-Saharan Africa, the combined impact of the COVID-19 pandemic and Russia’s invasion of Ukraine slowed economic growth in Côte d’Ivoire in 2020....
Type: BriefReport#: 196069Date: October 1, 2024Author:
World Bank
The onset of the COVID-19 pandemic led to a spike in poverty as measured by the upper middle-income $6.85 2017 PPP per day international poverty line, from 14.7 percent in 2019 to 15.5 percent in 2020....
Type: BriefReport#: 196094Date: October 1, 2024Author:
World Bank
The latest EPCV 2019 poverty survey indicates that poor households depend largely on the agricultural sector and are highly vulnerable to food price changes, as 45 percent of their income comes from agricultural...
Type: BriefReport#: 196105Date: October 1, 2024Author:
World Bank
Before the COVID-19 pandemic, Croatia significantly reduced poverty, with the share of people living on less than $6.85/day (2017 PPP) dropping from 6.7 percent to 2.4 percent between 2014 and 2019. This...
Type: BriefReport#: 196110Date: October 1, 2024Author:
World Bank
Plastic pollution is a significant global issue impacting ecosystems, livelihoods, and human health, prompting international efforts to create a legally binding instrument known as the Plastic Treaty....
North Macedonia is an upper-middle-income country that aspires to join the European Union (EU), but its sustained growth has been achieved at high environmental and health costs. North Macedonia has been...
Type: Country Climate and Development ReportReport#: 193719Date: October 1, 2024Author:
World Bank
Guatemala has grown steadily in recent years with sound macroeconomic performance but with poor social outcomes, due to low and ineffective social expenditure and low productivity. Addressing these challenges...
Type: BriefReport#: 194019Date: October 1, 2024Author:
World Bank
Nicaragua's economy grew by 4.6 percent in 2023, primarily driven by the services sector. Prudent fiscal and macroeconomic policies have supported growth and lowered inflation to 4.8 percent by mid-2024,...
Type: BriefReport#: 194025Date: October 1, 2024Author:
World Bank
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