Growth is projected to accelerate to 4.7 percent in 2025, driven by new oil production flows, before subsiding towards its long-term potential rate, thereafter. Inflation is expected to decrease but...
Economic growth rose to 4.3 percent in H1 2024, driven by the non-hydrocarbon sector supported by public investment. Annual inflation fell to 1.1 percent as external pressures subsided. External and...
Ratings of Trans-Anatolian Natural Gas Pipeline (TANAP) Project for Europe and Central Asia were as follows: outcome was satisfactory, Bank performance was satisfactory, and monitoring and evaluation...
Niger’s risk of external and overall public debt distress is assessed “moderate”—unchanged from the previous DSA. The response to the COVID-19 pandemic required higher borrowing and the shock entailed...
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...
The history of Iraq over the past decade is a stark example of increasing vertical and horizontal inequalities, preceding and following a period of violent conflict. This paper uses a cross-section...
Border carbon adjustments imply that high-income countries set taxes on energy-intensive imports that are proportional to the carbon content of these imports, to match their own carbon taxes. This paper ...
The paper examines the impact of oil shocks on sovereign credit default swaps (CDS) for the G10 countries and major oil-exporting countries. The results show that oil demand shocks have a uniformly...
Niger’s risk of external and overall public debt distress has increased but the risk rating remains moderate. The response to the Coronavirus (COVID-19) pandemic required higher borrowing, but, more ...
Following the collapse in output in the second quarter of 2020, the strength of the global rebound is quickly fading as persistently high new daily COVID-19 cases hinder activity. The global composite...
This debt sustainability analysis (DSA) provides an update to the joint World Bank-IMF LIC-DSA of April 2020, in the context of the Cameroonian authorities’ request for a second disbursement under the...
Globally, the number of confirmed COVID-19 cases now exceeds 20 million, with more than 750,000 deaths. Despite the continuing spread of the virus, recent data suggest that global activity is slowly...
Kazakhstan is an upper-middle income, resource rich country. Its ascent to upper-middle income status was propelled by rising oil production and booming oil prices which pushed the average annual rate...
Economic conditions in Yemen remained relatively calm in February and internet connectivity was restored. Risks of monetary disruption continue, and indirect global crisis impacts through oil prices...
Economic conditions in Yemen remained relatively calm in February and internet connectivity was restored. Risks of monetary disruption continue, and indirect global crisis impacts through oil prices...
This report focuses on the joint World Bank-IMF Debt Sustainability Analysis for Cameroon. Cameroon remains at high risk of external and overall public debt distress, but debt remains sustainable. Breaches...