The national economy of Vietnam was affected by the April 2020 lockdown meant to contain the domestic spread of the COVID-19 (coronavirus) virus and subsequent outbreaks in Da Nang and Ho Chi Minh City. Nevertheless, the economy showed exceptional resilience. Gross domestic product (GDP) grew by...

Capital investment is essential for achieving sustainable cities. Melaka State's long-term sustainability can be improved through well-planned investments in various projects, such as the development of ports and rail connections, a robust public transportation network, and adequate flood...

The Kenyan government remains committed to a planned fiscal consolidation pathway, which should help contain public debt stock at a sustainable level. Nonetheless, there are significant challenges stemming from a slowdown in revenue collection, a growing demand for transfers to county...

This module of the Public Expenditure Review (PER) sought to identify options for an effective and sustainable fiscal adjustment by considering key macroeconomic variables, fiscal policy priorities, spending trends, and Uganda's overall development needs. It has, therefore, detailed Uganda's...

A Public Expenditure Review (PER) is a diagnostic instrument to analyze public expenditures and revenues, support policy dialogue with government, and inform engagement with other stakeholders. During November 2021 and July 2022, a PER was conducted for Solomon Islands, titled Euro Fiscal reform...

The Public Finance Review (PFR) analyzes Lebanon's public finances over a long horizon, to understand the roots of the fiscal profligacy and its eventual insolvency. To do so, the PFR links three critical elements in three Sections. Section I: Fiscal Policy in the Second Republic; Section II:...

Collusive agreements among competitors create unmitigated harm. When competitors agree to limit competition, id est to form economic cartels, the poor pay up to 50 percent more for essential goods, growth is stymied as competitiveness and productivity declines, and public policies become less...

Latin America and the Caribbean (LAC) reported over 30 million Coronavirus (COVID-19) cases and around 960,000 deaths as of May 2021. Official tracking data shows that Brazil, Colombia, and Argentina have the highest number of reported cases throughout LAC, which in turn is the region with among...

The maximizing finance for development (MFD) approach can be implemented to close the financing gap in the water and sanitation sector in Latin America and the Caribbean, helping the region in getting closer to achieving sustainable development goal (SDG 6), particularly if emphasis is put on...

The COVID-19 pandemic represents the largest economic shock the world economy has witnessed in decades, causing a collapse in global activity. Nevertheless, there are signs that global activities are stabilizing, and have picked up in many large emerging markets and developing economies (EMDEs)....