Indonesia’s economy remains resilient, buoyed by strong domestic demand and a recovering service sector. The current account deficit widened, driven by moderating terms of trade and cyclical factors that...
Economic growth moderated to 5.2 percent in the third quarter. On the production side, weather disturbances disrupted transport and supply chains. On the demand side, net exports declined while stronger...
The Country Opinion Survey in Morocco assists the World Bank Group (WBG) in better understanding how stakeholders in Morocco perceive the WBG. It provides the WBG with systematic feedback from national...
តំបន់អាស៊ីបូព៌ា និងប៉ាស៊ីហ្វិកគឺជាតំបន់មួយដែលមានសកម្មភាពសេដ្ឋកិច្ចខ្លាំងបំផុតនៅលើពិភពលោក ទោះបីជាបានប្រឈមមុខនឹងការប្រឈមពីជំងឺរាតត្បាត និងភាពតានតឹងនយោបាយក៏ដោយ តំបន់នេះនៅតែរក្សាបានកំណើនខ្ពស់ និងចែករំលែកអត្ថប្រយោជន៍យ៉ាងទូលំទូលាយ។...
This is a statement by Anneliese Dodds and Rachel Reeves regarding the 110th Meeting of the Development Committee, held on October 25, 2024. They underscored the importance of the IMF and World Bank Group...
The economies of the Western Balkans (WB6) continue to navigate a complex operating environment, and despite experiencing a moderate acceleration in growth, uncertainty remains high. This year, the region...
The Country Opinion Survey in El Salvador assists the World Bank Group (WBG) in better understanding how stakeholders in El Salvador perceive the WBG. It provides the WBG with systematic feedback from...
The Colluli potash mine project is expected to support a modest increase in GDP growth to an estimated 2.8 percent in 2024. Lower global food prices are expected to help reduce inflation to 5.1 percent...
Cameroon's economic growth shows signs of recovery after its slowdown in 2023. However, the growth rate remains below the target set out in the Nation’s development strategy (NDS30), implying limited poverty...
Pakistan's economy stabilized in FY24, supported by strong agricultural growth, improved macroeconomic policies, new external financing, easing import controls, and political uncertainty. However, with...
Since October 2023, and as a direct spillover of the conflict in the Middle East, military confrontation on the southern border with Israel has been escalating, adding strain to Lebanon's crisis-ridden...
Economic recovery in Barbados continues despite significant challenges facing the country due to its small size, heavy reliance on tourism, and vulnerability to climate-related and other external shocks...
The Bangladesh Development Update provides an assessment of the state of the economy in Bangladesh, poverty trends, the economic outlook, risks, and key reform challenges. It covers real sector developments;...
Progress toward comprehensive debt restructuring and wide-reaching reforms under the macroeconomic stabilization program has put Ghana on a path to fiscal sustainability. Currency stabilization and tight...
Djibouti's economic activity showed modest improvement in 2024H1, leading to an upward revision of real GDP growth to 5.9 percent in 2024 - 0.8 percentage points higher than in the spring forecast. This...
Algeria’s growth remained dynamic, and inflation decelerated in early 2024, amid OPEC quota reductions but resilient agricultural output, higher public spending, and strong investment. Declining oil and...
With the ongoing macroeconomic adjustment, growth is projected to recover to 3.5 percent in FY25 from an estimated 2.5 percent in FY24. Inflation remains in double digits with disproportionate implications...
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...