This is the tenth edition of the Republic of Congo Economic Update. Each edition of this annual report presents an overview of the Republic of Congo's (ROC) evolving macroeconomic position, followed by a detailed exploration of a specific topic. The first chapter of this year's update presents...

The Gabon Economic Update is an annual World Bank publication that presents an overview of the evolving macroeconomic position in Gabon, followed by a detailed exploration of a specific topic in each edition. The first chapter analyzes recent economic developments, as well as the macroeconomic...

The Egyptian economy continues to show resilience through the COVID-19 pandemic, due to the macroeconomic and energy sector reforms implemented in recent years, along with measures to ease monetary conditions, provide selected sectoral support and mobilize external financing. Real GDP growth and...

For decades, many developing countries have provided universal price subsidies for bottled gas to promote clean cooking. Advances in digital technology and ample evidence of the economic distortions caused by the subsidies have led some governments to instead use targeted cash transfers,...

For a small and landlocked country like North Macedonia, trade integration is particularly important to sustain the country's economic growth and transformation. The importance of trade became even more visible during a global crisis and in the post-pandemic recovery period. Trade integration...

It has long been recognized that poverty is multidimensional, comprising not only insufficient income but also deprivations in access to basic services, the quality of living conditions, personal security, and other aspects of well-being. Since 2010 there has been rapid growth in the development...

Sri Lanka has made strong progress in reducing poverty and sharing prosperity among the less well-off in recent years. The poverty rate using the World Bank's 3.20 Dollars poverty line (in 2011 purchasing power parity) declined from 16.2 percent in 2012/13 to 11 percent in 2016, a reduction that...