The re-elected government has laid out a bold reform agenda since taking office in May. Following a period of high inflation, the convergence of the economy toward balance is creating the opportunity to focus on ambitious structural reforms to address medium-term challenges. Delivering on the...

The Bahamas has been in the midst of a solid economic recovery, supported by buoyant tourism. This has created space to strengthen public finances, improve the institutional framework for fiscal policymaking, and invest in disaster risk management. Inflation has declined, supported by the peg...

Achieving middle-income status will require Bangladesh to restore lasting macroeconomic and financial stability and implement bold reforms to strengthen institutions and foster job creation, especially for youth. Persistently low fiscal revenues, weaknesses in the banking sector, stubbornly high...

The economy has been resilient through turbulence but remains scarred with large structural fiscal deficits, elevated and rising public debt, and a weak external position. Reducing vulnerabilities and imbalances against headwinds from long-term spending pressures and a deteriorated, more...

Social conditions have improved significantly in the last decade, raising Bhutan’s living standards while inequality and poverty have declined. The economy has been recovering from the pandemic shock, but external imbalances remain and reserves are still below pre-pandemic levels. Growth is...

The Council of the European Union decided on July 8, 2025 that Bulgaria had fulfilled the necessary conditions for adoption of the euro with effect from January 1,2026,1 and that the conversion rate should be set at 1.95583 Bulgarian lev per one euro.2 The Bulgarian authorities notified the Fund...

The economy of Cabo Verde has been growing at a fast pace over the last four years. The authorities have maintained macroeconomic stability and advanced reforms, though climate risks, SOE pressures, and global uncertainties remain. Economic growth is projected at 5.2 percent in 2025, following...