The economy decelerated slightly. Manufacturing and private consumption weakened while exports and tourism continued to support growth. Growth is projected to accelerate to 2.4 percent in 2024, with further...
Growth reached 9.1 percent in H1 2024, driven by strong private consumption due to rising real wages. Unemployment decreased and poverty continued to decline. Growth is projected at 7.5 percent for 2024...
Armenia’s economy expanded by 6.5 percent in H1 2024, driven by private consumption and investment. During January-July, an average 0.3 percent deflation was recorded, largely due to falling food and non-alcoholic...
Armenia’s economy expanded by 6.5 percent in H1 2024, driven by private consumption and investment. During January-July, an average 0.3 percent deflation was recorded, largely due to falling food and non-alcoholic...
Growth reached 9.1 percent in H1 2024, driven by strong private consumption due to rising real wages. Unemployment decreased and poverty continued to decline. Growth is projected at 7.5 percent for 2024...
The development objective of Zambia-Tanzania Interconnector Project for Eastern and Southern Africa is to enable the Southern African Power Pool (SAPP) and Eastern African Power Pool (EAPP) to be interconnected...
This report uses administrative tax data on firm-to-firm trade in Honduras to evaluate the degree of integration between firms receiving export-oriented tax exemptions and the local economy. We present...
Ratings of Competitiveness and Export Readiness Project for Kosovo were as follows: outcome was moderately satisfactory, Bank performance was satisfactory, and monitoring and evaluation quality was modest...
Malawi’s external and overall public debt is assessed as in distress - unchanged from the previous Debt Sustainability Analysis (DSA) in July 2023. This DSA presents an analysis of Malawi’s debt outlook...
Malawi’s external and overall public debt is assessed as in distress - unchanged from the previous Debt Sustainability Analysis (DSA) in November 2022, given the deteriorating macroeconomic outlook and...
The economy maintained moderate expansion, driven by private consumption and tourism. Declining inflation alleviated pressure on living costs and supported private consumption. However, goods exports as...
The National Export Strategy focuses on three priority sectors with high potential for export growth – Horticulture, Textiles and Apparel, and Light Industry. For each of them, this report sets out strategic...
Amid a sluggish external environment, robust domestic demand supported economic activity in Q1 2023 despite high inflation and rising interest rates. The healthy labor market, adequate liquidity, and increased...
Kenya’s debt is sustainable. While overall and external ratings for risk of debt distress remain high, debt dynamics are being bolstered by the fiscal consolidation under the International Monetary Fund...
In Cameroon, 20 years of stable growth, prudent macroeconomic policies, political stability, and a favorable natural resources endowment have increased prosperity without, however, real economic transformation...
Bangladesh’s development progress over the past decades has been remarkable. Bangladesh has been among the fastest growing economies in the world. Economic development has translated into higher living...
Due to low base effects and recovering domestic demand, Pakistan’s real gross domestic product (GDP) growth (at factor cost) is estimated to have rebounded to 3.5 percent in FY21 from a contraction of...