Global growth is projected to slow significantly in the second half of this year, with weakness continuing in 2024. Inflation pressures persist, and tight monetary policy is expected to weigh substantially on activity. The possibility of more widespread bank turmoil and tighter monetary policy...

Mozambique has staged a dramatic recovery from the damage of the civil war, improving infrastructure nearly to pre-war levels; reducing poverty from 69 to 54 percent; growing the economy by 8 percent annually between 1996 and 2003; expanding the agricultural, tourism construction and manufacturing...