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The World Bank Group (WBG) has long recognized that the restoration and preservationof cultural heritage, urban … regeneration, and sustainable tourism can play a vital role in developing countries' efforts to promote local economic development … well conserved UNESCO World Heritage sites and many historic districts …
Persistent link: https://www.econbiz.de/10012645541
Lao PDR faces a great opportunity to develop its tourism sector, in particular nature-based tourism (NBT), to create … greener, more resilient economic growth and good jobs from its attractive landscapes and wildlife. Throughout the world, NBT … is the fastest growing segment of tourism, and the demand is growing as the urban middle class expands, particularly in …
Persistent link: https://www.econbiz.de/10012646740
Economic activity in Uganda is accelerating despite commodity-price inflation, global monetary tightening, international supply-chain bottlenecks, and a local Ebola outbreak. Real GDP growth is estimated to reach 5.7 percent in FY22/23, albeit still below the pre-COVID-19 projection of 6.5...
Persistent link: https://www.econbiz.de/10014454378
The pandemic severely disrupted economic activity in Tanzania, and the World Bank's latest firm-level data suggest that … sectors, but economic activity could accelerate in the second half of 2021. The tourism-dependent economy of Zanzibar has been …
Persistent link: https://www.econbiz.de/10012642828
across the world, including many vulnerable communities, who depend on tourism for their livelihoods. According to the World …The travel and tourism industry was one of the first sectors to be affected by COVID-19. Since March, the entire value … acutely felt by the Small and Medium-sized Enterprises(SMEs) that make up around 80 percent of licensed tourism and tourism …
Persistent link: https://www.econbiz.de/10012647436
Benin remains at moderate risk of external debt distress. The rating is unchanged from the previous November 2018 DSA. All the projected external debt burden indicators remain below their thresholds under the baseline, but the ratio of the present value (PV) of external debt to exports exceeds...
Persistent link: https://www.econbiz.de/10012646558
With some 19 million US Dollars (1.6 percent of GDP) in unresolved arrears to official bilateral creditors, Grenada remains in external public debt distress. However, debt appears sustainable reflecting favorable projected debt dynamics from substantial fiscal surpluses that are supported by the...
Persistent link: https://www.econbiz.de/10012646559
An updated joint assessment of Rwanda's debt sustainability suggests continued low risk of external debt distress … indicators in 2023, when the Eurobond issued in 2013 matures. The main risk to debt sustainability--and macroeconomic stability …
Persistent link: https://www.econbiz.de/10012646561
-unchanged from the previous Debt Sustainability Analysis (DSA) published in December 2018. While the mechanical results point to a …
Persistent link: https://www.econbiz.de/10012646562
. Moreover, a tailored natural disaster shock would lead to a significant deterioration in debt sustainability, breaching the …
Persistent link: https://www.econbiz.de/10012646563