The report provides recent macroeconomic developments, outlook, and risks that Mongolia faces. The timing of the release of this report is ideal considering that, the Mongolian economy, which was recovering from the COVID-19 on the back of a successful vaccination program and income support,...

Just as the economies of the Western Balkans were looking to growth recovery beyond the pandemic, a new set of challenges confronted the region. The economies of the Western Balkans saw a strong growth rebound in 2021 with a broad-based bounce back in economic activity. Financial stability...

The Ivorian economy needs to sustain its growth momentum. During the last decade, Côte d’Ivoire’s growth performance has been impressive. To achieve its ambitious goal of reaching emerging market status within one or two generations, however, it needs to maintain the strong growth for many...

Reflecting a strong global economic rebound, Papua New Guinea (PNG) reversed its downward economic growth trajectory in 2021. The World Bank estimates that the PNG economy contracted by 3.5 percent in 2020 before returning to positive economic growth of 1 percent in 2021. Domestic agricultural...

A small open economy, Benin has seen growth that is above average for the region. The volatility of high growth spells combined with low productivity growth has translated into limited gains in income per capita. Following its transition from low-income country to lower middle income country...

A small open economy, Benin has seen growth that is above average for the region. The volatility of high growth spells combined with low productivity growth has translated into limited gains in income per capita. Following its transition from low-income country to lower middle income country...

A small open economy, Benin has seen growth that is above average for the region. The volatility of high growth spells combined with low productivity growth has translated into limited gains in income per capita. Following its transition from low-income country to lower middle income country...

Turkey saw phenomenal growth in the 2000s as economic reforms ushered in FDI, GVCs expanded, and productivity increased. The early 2000s saw Turkey exit from major economic crisis with a strengthened fiscal framework, a strengthened, inflation-targeting mandate for the Central Bank, the...

The Egyptian economy continues to show resilience through the COVID-19 pandemic, due to the macroeconomic and energy sector reforms implemented in recent years, along with measures to ease monetary conditions, provide selected sectoral support and mobilize external financing. Real GDP growth and...