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Ghana's economy entered a full-blown crisis in 2022, after having rebounded from the COVID-19 slowdown in 2021. In response to the macroeconomic challenges, the authorities enacted some fiscal adjustment in 2022 but fell short of their consolidation targets; the 2023Q1 fiscal deficit (cash) was...
Persistent link: https://www.econbiz.de/10014366495
COVID-19 has severely affected Ethiopia, weakening its economic performance. Ethiopia has experienced a collapse in … reserve levels. Despite the severe impacts, Ethiopia grew at 6.1 percent in FY20, as the impact of the COVID-19 pandemic took … to ensure a resilient economic recovery. The Government of Ethiopia is to be commended for having kept advancing its …
Persistent link: https://www.econbiz.de/10012544699
Ethiopia's gross domestic product (GDP) growth is estimated to have rebounded to 10.9 percent in FY2017. According to … official statistics, Ethiopia's annual rate of economic growth, which averaged 10.3 percent over 2005/06-2015/16 (compared with … (Ethiopia's growth has been driven by investment followed by private consumption) and weak trade balance, which reflect the lack …
Persistent link: https://www.econbiz.de/10012645308
Ethiopia's real gross domestic product (GDP) growth, while still strong, decelerated to 7.7 percent in FY2018. A … underperformed. Poverty in Ethiopia deceased substantially over the past decade, although by less than what would have been expected …
Persistent link: https://www.econbiz.de/10012646014
Since 2004 (Ethiopian Fiscal Year (EFY) 1997), Ethiopia has experienced strong and generally broad-based real economic … Ethiopia's average real gross domestic product (GDP) growth rate during that period. Inspired by the East Asian experiences for … a comparison of selected indicators and policies of Ethiopia and China/Korea), growth was induced through a mix of …
Persistent link: https://www.econbiz.de/10012248028
Strong economic growth continued in 2014-15, but the drought slowed down Ethiopia's growth to 8 percent in 2015 …
Persistent link: https://www.econbiz.de/10012248551
Real GDP growth rebounded strongly to 6.1 percent in FY17/18, from 3.9 percent the previous year. The rebound was largely driven by a pick-up in investments and exports, and on the back of strengthened credit to the private sector and good weather. Consequently, services, particularly...
Persistent link: https://www.econbiz.de/10012645758
The Philippines economic update (PEU) summarizes key economic and social developments, important policy changes, and the evolution of external conditions over the past six months. It also presents findings from recent World Bank analyses, situating them in the context of the country's long-term...
Persistent link: https://www.econbiz.de/10014247532
The South Sudan economy is projected to contract by 4.1 percent in FY2020/21, with growth negatively affected by the impact of the COVID-19 pandemic, lower oil production, floods, and increased conflict intensity in parts of the country. With the economic decline in FY2020/21, living conditions...
Persistent link: https://www.econbiz.de/10012603686
The geo-economy presents Lebanon with challenges associated with being a nexus for regional fault lines and risks from its dependence on capital inflows. Despite markedly improved security conditions since the start of 2015, anxiety over regional turmoil and potential spillover effectspersist....
Persistent link: https://www.econbiz.de/10012644445