A recovery in the oil sector boosted recent economic performance. While the recovery in global oil prices would have a welcoming effect for Kazakhstan in terms of enhancing the economy's buffers and supporting growth, it may also reduce the perceived urgency for transitioning to the new growth...

The COVID-19 (coronavirus) pandemic is causing the most severe global health and economic crisis in at least seven decades. In Egypt, the disruptions caused by the pandemic started in March 2020, and has since interrupted a period of macroeconomic stability, characterized by relatively high...

The report reviews the recent developments in the Vietnamese economy and discusses the economy's short- to medium-term prospects, highlighting domestic and external risks associated to the COVID-19 (coronavirus) pandemic. A special emphasis is on what Vietnam needs to do to realize its objective...

Developments in the Rwandan economy as of the first half of 2017 have been mixed. On the upside, Rwanda's external imbalances have eased on account of improvements in global commodity prices, global and regional strengthening of growth recovery, and the external adjustment the government...

The Vietnamese economy has done well in 2019. In the context of increasing global uncertainty,Vietnam will most certainly be among the fastest growing economies in the world, with a GDP growth rate of approximately 6.8 percent. This rate is almost three times faster than the world average (2.6...

In Q2, Russia's GDP contracted sharply, faced with domestic supply and demand, and terms of trade shocks. Yet supported by exports, GDP growth performed slightly above expectations. In the third quarter, as COVID-19 cases declined, restrictions eased and on the back of fiscal, monetary, and...

The recovery continued in the first semester of 2022, supported by nonhydrocarbon activity and crude oil production. The continuing high level of global hydrocarbon prices prolonged the upturn of external balances. The budget deficit is expected to narrow moderately in 2022, as the strong...

The fall 2021 issue of the Iraq Economic Monitor provides an in-depth review of the latest macroeconomic and policy developments amidst a global recovery in international oil markets and as COVID-19 restrictions begin to ease. As a result, the monitor finds that the economic prospects for Iraq...

Following the surge in COVID-19 infections in Q3 2021, Malaysia is gradually emerging from the worst wave of the pandemic. As a result, the Malaysian economy is expected to be on a recovery path next year. In the near-term, it is key to ensure that targeted support measures remain in place. The...

Iran's economy is gradually recovering following a lost decade (2011-2020) of negligible economic growth. Less stringent COVID-19 restrictions, adaptation to the new normal - reflected in a recovery in consumption, and more favorable oil sector conditions have driven a four-quarter rebound after...