The Bangladesh Development Update provides an assessment of the state of the economy in Bangladesh, poverty trends, the economic outlook, risks, and key reform challenges. It covers real sector developments;...
Georgia has made impressive economic progress over the past two decades, achieving strong and resilient economic growth and development despite numerous external and domestic shocks. This Fiscal Incidence...
Thailand's economic activity showed mixed signals in February. A sharp contraction in private investment offset steady consumption and strong exports due to rising uncertainty. Goods exports remained a...
The Sri Lanka Development Update (SLDU) has two main aims. First, it reports on key developments over the past 12 months in Sri Lanka’s economy, places these in longer term and global contexts, and updates...
This paper presents several key messages on fiscal consolidation. The paper begins by discussing the motivations, timing, design, and political economy of fiscal consolidation, as well as its macroeconomic...
The development objective of the Promoting Fiscal Management and Private Sector in the State of Pernambuco Development Policy Loan for Brazil supports the State of Pernambuco in: (i) improving fiscal management...
This budget brief is part of a series of reports summarizing developments’ in Myanmar’s public finances. The report relies on new information published by the authorities, including the recently published...
Thailand’s economy grew by 3.2 percent year-on-year in Q4 2024, driven by a rebound in public investment and strong electronics exports, while private consumption saw a modest boost from fiscal stimulus...
The development objective of First Fiscal Policy and Sustainable Growth Development Policy Financing Deferred Drawdown Option Project for Peru is to support the Government of Peru (GoP) in: (i) strengthening...
This paper uses a multi-methodological approach to measure the fiscal costs of monetary and exchange rate policy distortions in Zimbabwe. It identifies three channels through which these policy distortions...
How can Zimbabwe create the necessary fiscal space to absorb quasi-fiscal expenditures, reverse its upward trend in public debt, and support macroeconomic stability? Zimbabwe is faced with an unsustainable...
Eswatini’s fundamental policy challenge is to address the longstanding factors that have constrained growth and hindered broad-based improvements in living standards. Given the state’s significant role...
Egypt stands at an inflection point in its social and economic development journey. While reforms implemented since 2016 had helped improve economic buffers, economic imbalances remained. These imbalances...
The primary objectives of this report are to: Share information about the questions used in the ESS in order to inform future survey design and measurement. Provide descriptive analysis of the new tax-related...
After decades of volatile low growth and low investment, Pakistan has fallen behind its peers in key metrics of development. It now has an opportunity to durably take another course. The economy is recovering...
Indonesia perlu meningkatkan penerimaan pajak secara signifikan untuk berinvestasi pada sumber daya manusia dan fisik guna mencapai ambisi menjadi negara berpendapatan tinggi. Stok sumber daya publik milik...
Mongolia’s coal-driven economic growth since 2023 has elevated the country to upper-middle-income status (UMIC) in 2024. Real gross domestic product (GDP) growth has remained robust, driven by mining and...
We document new facts on corporate taxation and the revenue potential of corporate minimum taxes, leveraging firm-level tax returns from 16 countries. First, effective taxes rates (ETRs) follow a humped-shaped...
Ratings of States Fiscal Transparency, Accountability, and Sustainability - Program-for-Results Project for Nigeria were as follows: outcome was satisfactory, Bank performance was satisfactory, and monitoring...