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While remaining robust, growth in 2015 eased slightly to 7.0 percent, slightly below the 7.1 percent achieved in 2014. The performance of the garment sector improved in 2015, while signs of economic moderation and weakness persisted in the tourism and agriculture sectors, respectively....
Persistent link: https://www.econbiz.de/10012644605
The aim of the Malaysia Economic Monitor (MEM) is to foster better-informed policy analysis and debate regarding the key challenges that Malaysia faces in its endeavor to achieve rapid, inclusive and sustainable economic growth. The MEM consists of two parts: Part 1 presents a review of recent...
Persistent link: https://www.econbiz.de/10012644870
Pakistan is facing yet another balance of payment crisis. Authorities have taken some corrective measures and negotiated a 39-month stabilization program with the International Monetary Fund (IMF). Nonetheless, inflationary pressures increased during FY19. Current account deficit narrowed as...
Persistent link: https://www.econbiz.de/10012646389
The COVID-19 pandemic has turned the world economy upside down. As recently as January 2020, analysts and various … information collected as part of the World Bank Group's regular economic monitoring …
Persistent link: https://www.econbiz.de/10012647396
Before the COVID-19 (Coronavirus) pandemic, Somalia's economy was on an upward trajectory, recovering from the 2016/17 drought. The economy grew at an estimated rate of 2.9 percent in 2019, on par with population growth, and was projected to grow at 3.2 percent in 2020. The COVID-19 pandemic has...
Persistent link: https://www.econbiz.de/10012647400
The war in Ukraine and rising commodity prices have exacerbated the vulnerabilities of the Tunisian economy in the first months of 2022. The impact of the war began to be felt as the trade deficit widened by 56 percent in the first six months of 2022 reaching 8.1 percent of GDP. Lower oil and...
Persistent link: https://www.econbiz.de/10013415273
Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. An increasing number of countries are developing financial...
Persistent link: https://www.econbiz.de/10012646437
The world faces a triple crisis of three interconnected issues-development, climate, and nature― and current levels of … World Bank launched the Country Climate and Development Report (CCDR) in 2022. This core diagnostic tool aims to help … global climate change challenge. The first set of CCDRs covered only 10 percent of the world’s tropical forests, but the …
Persistent link: https://www.econbiz.de/10014579000
) carried out by the World Bank in collaboration with the Government of Tunisia …
Persistent link: https://www.econbiz.de/10012497540
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