Bhutan maintained solid growth and macroeconomic stability during 2016/17. The national poverty headcount rate fell from 12 percent in 2012 to 8 percent in 2017. However, the job challenges remained unaddressed. the youth unemployment rate increased from 10.7 percent in 2015 to 13.2 percent in...

Despite being the backbone of the Albanian economy, micro, small and medium sized enterprises(MSMEs) face difficulties in accessing finance which impedes their growth. MSMEs in Albania aresignificant contributors to the economy. In 2016, MSMEs comprised 99.9 percent of active enterprises and 81...

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

This Public Expenditure Review (PER) was prepared in response to a request from the Ministry of Finance (MoF) and is designed to inform Lesotho's fiscal consolidation due to a narrowing of its fiscal space. Lesotho is facing a tough macro-fiscal outlook due to a sharp decline in Southern African...

One of the key objectives of this first SCD of the Republic of Congo is to serve as an essential input to the Country Partnership Framework. The SCD is not intended to carry out substantial new analytical work, but rather to draw upon and synthesize the existing evidence. A substantial amount of...

Somalia's economy grew by 2.3 percent in 2017. The economy remains vulnerable to recurrent shocks. Between 2013 and 2017, real annual GDP growth averaged 2.5 percent. Growth occurred despite adverse weather conditions that severely reduced agricultural output in late 2016 and early 2017. For...

With its impressive maternal and child health outcomes and control of communicable diseases, Sri Lanka is often depicted as a success story. The primary objectives of this study are to examine the prevalence and distribution of non-communicable disease (NCDs) and risk factors across...

Iraq's overall security situation has notably improved after the defeat of ISIS, but significant challenges lie ahead. Iraq has witnessed major political and security transitions in 2017 when Prime Minister Al-Abadi announced in December the victory over ISIS after a war that lasted three years....

This study seeks to understand the structure and workings of the labyrinth to propose a concrete escape. It attempts to answer the following questions. (1) Why is it that Chad could not translate the discovery of oil into structural development, economic diversification and sustainable growth?...