Global economic activity is showing little sign of improvement in 2016, but growth in the emerging East Asia and the Pacific remains resilient. In Vietnam economic activity moderated in the first half of 2016, mainly due to the impact of a severe drought on agricultural production and slower...

The latest economic brief highlights that Zambia's rising macroeconomic imbalances, high debt and associated costs of debt service are crowding out private sector growth. The economy is expected to expand by 3.3 percent in 2018 in 2018 compared to 3.4 percent in 2017. Agricultures offers Zambia...

Macroeconomic management in Chad, Mali and Niger needs to account for a number of specific parameters. Very rapid population growth exerts immense pressure on the demand for education and health services. Economic activity and prices are strongly influenced by climatic variations, and exports...

The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition was published in June 2019. It follows eight previous editions of the MEM and is part of an ongoing series, with future editions to follow twice each year. The aim of the...

The external environment has deteriorated during the first half of 2019, and downside riskspredominate in the near-term. Global GDP growth is projected to decline to 2.6 percent in 2019 from 3 percent in 2018, reflecting broad-based weakness in advanced economies and major Emerging Market and...

Pakistan is facing yet another balance of payment crisis. Authorities have taken some corrective measures and negotiated a 39-month stabilization program with the International Monetary Fund (IMF). Nonetheless, inflationary pressures increased during FY19. Current account deficit narrowed as...

The Central African Republic (CAR) economy continues on a downward path. With an average GDP growth per capita of -0.8 percent, CAR has not experienced an episode of sustained growth since its independence. Economic growth in CAR slowed to 3.7 percent in 2018 as renewed insecurity inhibited...

Afghanistan currently faces a sea of uncertainty. Outcomes of the September 2019 presidential elections are not yet known, and preliminary results have been challenged. Insecurity continues, with government and insurgent operations imposing an increasing burden in terms of civilian casualties....

Following three consecutive years of growth above 6 percent, the Maldivian economy kept momentum in 2019. Preliminary estimates indicate that real GDP decelerated slightly to 5.3 percent, from 6.9 percent in the previous year. Tourist arrivals reached a record high of 1.7 million, a 14.7 percent...