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...

Global growth is broadly stable but downside risks from rising trade tensions are increasing.A weakening recovery in trade and manufacturing activities is weighing down global growth. Global goods trade has decelerated more rapidly than expected. U.S. tariff s and the retaliatoryresponses of its...

Following a slowdown during the global financial crisis in 2009, the Philippine economy roared back in 2010, with Gross Domestic Product (GDP) growth rates not seen in over 30 years. On the demand side, private consumption, investment, and net exports were the main drivers of growth. On the...

After contracting for four consecutive years since FY2014/15, the economy is estimated to have recovered with a growth rate of 3.2 percent in FY 2018/19. These developments reflect activity in the oil sector, which rebounded strongly, and dividends from the peace agreement, which led to a...

Up to February 2020, Chad's economy continued its gradual, but mild recovery, supported by a substantial increase in oil and agriculture production. Since March 2020, like in the rest of the world, the Coronavirus (COVID-19) pandemic has dramatically changed Chad's macroeconomic outlook. Chad's...

The firming of the economic recovery is putting the policy spotlight back on the longer term challenge of faster, more inclusive Gross Domestic Product (GDP) growth. Modest investment rates despite attractive returns and low savings rates despite favorable demographics are important impediments....

Iraq's economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in 2020. Higher oil revenues pushed Iraq's overall fiscal and external balances into a surplus in 2021. The turnaround in oil markets has significantly improved Iraq's economic...