Confronted with pervasive macroeconomic imbalances and microeconomic distortions, the Government of Egypt (GOE) started in 2016 to move forward with important reforms to stabilize the economy and restore confidence. At that time, Egypt was facing daunting economic and structural challenges,...

Cambodia's economic activity continues to expand, led by solid growth in garment exports and strong construction activity. Real growth is projected to reach 7.0 percent in 2016, in line with the resilient performance across the region. The economy is projected to sustain its high growth...

The 10th economic update comes at an important juncture for Rwanda. The country has entered the third decade of uninterrupted economic growth and social progress. Rwanda's global income ranking improved from the seventh poorest in 2000 to the 20th in 2015, on the back of Rwanda's strong...

In September 2017, Ghana's economy expanded for the fifth successive quarter by 9.3 percent compared to just 4.3 percent in September 2016. This reflects continued high levels of growth in the industry sector, driven by mining and petroleum. Oil production rose by 16.6 percent compared with a...

This is a semi-annual report series on recent economic developments and economic policies in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia). The report looks at the economic performance and outlook for the Western Balkans region and specific...

This report reviews South Africa's recent economic and social developments. It underlines that South Africa's current economic rebound may not be sustained if the fundamental factors undermining its growth potential are not boldly addressed. This includes in particular income inequality, which...

Recent policy measures have contributed to macroeconomic stability. However, with significant risks stemming from both domestic and external fronts, the balance of risks is tilted towards downside. To sustain growth, create more and better jobs and reduce poverty Sri Lanka needs to implement and...

With this Cameroon economic update, the World Bank is pursuing a program of short, crisp and frequent country economic reports. These economic updates provide an analysis of the trends and constraints in Cameroon's economic development. Each issue, produced bi-annually, provides an update of...

Strong economic growth continued in 2014-15, but the drought slowed down Ethiopia's growth to 8 percent in 2015-16. Exports have had their worst performance in the last decade and the current account balance remained large. Inflation is remarkable stable given the recent drought and even...