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This report, initiated at the request of His Excellency President Alassane Ouattara to Hafez M. H. Ghanem, the World Bank Group Regional Vice President for Eastern and Southern Africa, is the first country application of the new regional strategy, Supporting Africa's Transformation. Albert...
Persistent link: https://www.econbiz.de/10012700666
This systematic country diagnostic is structured in two main parts, one backward looking and the other forward looking. The backward-looking analysis aims to draw lessons on the determinants of poverty and sustainable and inclusive growth from (a) stakeholder consultations; (b) a poverty profile;...
Persistent link: https://www.econbiz.de/10012246847
Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the … and weak private sector investment. As a result, the World Bank projects Kenya's growth at 5.8 percent for 2019 and … 2019). Against this backdrop, it is my great pleasure to present the twentieth edition of the World Bank's Kenya Economic …
Persistent link: https://www.econbiz.de/10012646675
The country benefited from the improved external demand in 2017. Global growth is estimated to have picked up in 2017 to 3.0 percent from 2.4 percent in 2016, reflecting gradual recovery in the euro area, China, emerging Europe, and Russia as commodity prices and financial markets continued to...
Persistent link: https://www.econbiz.de/10012644918
The Iran Economic Monitor provides an update on key economic developments and policies over the past six months. It examines these economic developments and policies in a longer-term and global context, and assesses their implications for the outlook for the country. Its coverage has ranged from...
Persistent link: https://www.econbiz.de/10012644931
Economic growth is expected to attain 3.1 percent in both 2016 and 3.2 percent in 2017 accelerating from 2.8 percent last year with private consumption and public investment as key drivers as consumer sentiment recovers, households deleverage and large public infrastructure projects are...
Persistent link: https://www.econbiz.de/10012645866
The COVID-19 (Coronavirus) pandemic has triggered a deep global economic recession. The COVID-19 (Coronavirus) shock is the most adverse peacetime shock to the global economy in a century. The Russian Federation possesses a high-quality education system that is recognized internationally....
Persistent link: https://www.econbiz.de/10012647393
The COVID-19 pandemic had a significant adverse impact on the Tajik economy. Real GDP growth slowed to 4.2 percent year-on-year in the first nine months of 2020, compared to 7.2 percent a year earlier. Restrictions on labor mobility and economic activity at home and abroad resulted in lower...
Persistent link: https://www.econbiz.de/10012497550
The Lao economy is estimated to have grown at around 7 percent in 2016, a slight moderation from 7.4 percent in the previous year. Inflation pressures remain low, though prices increased faster in the second half of the year as oil prices recovered. The fiscal deficit widened significantly in...
Persistent link: https://www.econbiz.de/10012248101
Global growth slowed markedly in H1 2022. This was due to COVID-19 resurgences at the turn of the year; protracted supply disruptions; reduced macroeconomic support; and substantial negative spillovers from the war in Ukraine. The conflict, which has sparked the largest commodity price shock in...
Persistent link: https://www.econbiz.de/10013413856