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The COVID-19 pandemic has taken a relatively modest toll on human lives in the Republic of Congo according to official data but has exacerbated an already fragile Congolese economy. As of September 28, 2021, the Republic of Congo has had 14,244 confirmed cases and 193 deaths, corresponding to a...
Persistent link: https://www.econbiz.de/10012817518
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...
Persistent link: https://www.econbiz.de/10012817590
After suffering a pandemic-driven slump in 2020, Kazakhstan's economic recovery is on track, having sustained quarterly growth throughout Q3 2021. Reduced COVID-19 cases and the loosening of mobility restrictions support business activities and maintain the rebound in consumer demand. However,...
Persistent link: https://www.econbiz.de/10012817599
After several months of low COVID-19 case numbers, Malawi is facing a fourth wave. While an increasing share of the global population is protected by vaccines, only about 6.5 percent of the population is vaccinated in Malawi, increasing the country's vulnerability to the virus. The Government...
Persistent link: https://www.econbiz.de/10012817602
quality fiscal adjustment with reforms to attract private investment and improve productivity to enable a resilient recovery …
Persistent link: https://www.econbiz.de/10012817607
Given the finite nature of petroleum resources and associated sovereign wealth fund, it iscritical for Timor-Leste to build a strong foundation for sustainable revenue mobilization tofinance public spending on development and poverty reduction. Timor-Leste faces the risks ofa fiscal cliff as,...
Persistent link: https://www.econbiz.de/10012817618
The Indonesia Economic Prospects (IEP) is a bi-annual World Bank report that assesses recent macroeconomic developments, outlook and risks, as well as specific development challenges for the Indonesian economy. In doing so, the IEP aims to inform the public policy debate and is geared towards a...
Persistent link: https://www.econbiz.de/10012817619
The Lebanon financial and economic crisis is likely to rank in the top 10, possibly top three, most severe crises episodes globally since the mid-nineteenth century. This is a conclusion of the Spring 2021 Lebanon economic monitor (LEM) in which the Lebanon crisis is contrasted with the most...
Persistent link: https://www.econbiz.de/10012544680
Recognizing the severity of the crisis, the GoI devised a national reform plan (the white paper) that sets out a old blueprint of structural reforms to achieve sustainable medium-term growth through economic diversification and boosting private sector growth and private sector job creation. The...
Persistent link: https://www.econbiz.de/10012544681
sector was also the result of several long-standing inefficiencies and low productivity. Financial support from the central … productivity has been stagnating. The COVID-19 pandemic has served to exacerbate these existing challenges through disruptions … fiscal space in the medium term, and also help foster economic diversification and enhance productivity …
Persistent link: https://www.econbiz.de/10012544689