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The report and the summary review the recent economic and fiscal performance of Mongolia; outline current medium-term prospects of Mongolia's economy; discuss short-term risks and structural vulnerabilities; and comment on the efficiency of past public investment programs and practices
Persistent link: https://www.econbiz.de/10012645411
The ongoing health and security crisis have partly undermined the benefits from past years of strengthening economic growth. Sustaining an upward trend over the recent years, real growth stood at 5.9 percent in 2019. However, it fell to 3.6 percent in 2020, because of the pandemic and...
Persistent link: https://www.econbiz.de/10012603563
Corruption poses a significant threat to development and has a disproportionate impact on the poor and most vulnerable. Government agencies struggle to identify fraud and corruption in public expenditures. Risk assessments usually rely on manual analysis and follow-up on specific complaints or...
Persistent link: https://www.econbiz.de/10014454182
Persistent link: https://www.econbiz.de/10012645652
New shocks hit the Ugandan economy in 2022, just as it was recovering as the COVID-19 pandemic waned and related mobility restrictions were fully removed. Commodity price surges and disruptions to trade and supply chains because of the war in Ukraine worsened a global economy that was dragging...
Persistent link: https://www.econbiz.de/10013473525
The economy has shown resilience to recent global shocks thus far, with output surpassing its pre-pandemic level in 2022 Q3, earlier than expected but trailing behind peers. Thailand's economic recovery, however, lagged that of its ASEAN peers, most of which returned to pre-pandemic levels by...
Persistent link: https://www.econbiz.de/10014247517
Real GDP expanded by 17.7 percent in 2022, with per capita incomes surpassing the pre-pandemic levels. On the supply side, accommodation, transport, and commerce explained 60 percent of growth. On the demand side, exports (mainly tourism) and private consumption accounted for growth. The rebound...
Persistent link: https://www.econbiz.de/10014366505
The Guinea-Bissau Economic Update monitors significant recent economic developments in the country, highlighting the key structural challenges Guinea-Bissau faces in its pursuit of inclusive and sustained growth
Persistent link: https://www.econbiz.de/10014582060
Despite persistent macroeconomic instability, economic growth continued to recover in 2023, underpinned largely by a steady improvement in the service sector. GDP growth is forecast at 3.7 percent in 2023, slightly down from the projection in May 2023, primarily reflecting higher-than-expected...
Persistent link: https://www.econbiz.de/10014454369
The objective of this report is to provide an update to the Government of Cabo Verde, think-tanks and researchers, and the public on the state of the Cabo Verde economy and its outlook, together with the structural reforms required to strengthen the foundations for private sector-led recovery...
Persistent link: https://www.econbiz.de/10012700731