A sharp global growth slowdown and concerns about an impending global recession are weighing on commodity prices. Some energy prices remain elevated, however, amid geopolitical tensions and persistent supply disruptions. Brent crude oil prices are forecast to average $92/bbl in 2023 and ease to...

The COVID-19 crisis brought home the high costs of pandemics, triggering a historic setback in the fight against poverty. It also reinforced the interconnections between people, planet and economy, calling attention to the zoonotic nature of pathogens spilling over from animals to people. To...

While the incidence of COVID-19 in Belize has subsided, the lasting healthand economic impacts caused by the pandemic have demonstrated theneed to build a resilient health system. The most recent figures from theStatistical institute of Belize confirm that there have been over 60,000cases and...

With the COVID-19 pandemic, the development context for the world is fundamentally challenged in many ways. The pandemic has taken a drastic human toll, and its global-scale economic and social impacts affected rural development work focused on the most poor and vulnerable populations. It has...

In this note the reader will learn : The new school year began with online classes for the first time. How the Ministry Of Education (MOE) and local education offices secured digital devices to lend to students in need, and schools prepared online class guidelines, including the class hours,...

The COVID-19 pandemic has unleashed a global health emergency and an unprecedented economic crisis of historic magnitude. Governments facing this threat are in uncharted territory, but three policy priorities addressed in this note are clear. Disease containment is a first-order concern to...

The objective of this public expenditure review (PER) is to provide the government with options for fiscal consolidation and support macroeconomic stability in the medium-term. This PER addresses the broad topic of expenditure efficiency and examines options for expenditure rationalization to...