The outlook for the Palestinian economy remains dire, with risks tilted to the downside. Amid a deteriorating security, political and social situation, the recovery is losing momentum and per capita income is projected to decline over the medium term. The fiscal crisis remains unresolved, amid...

Saudi Arabia's economy is booming, unemployment is at a record low, the output gap is closed, inflation is contained, and fiscal and external buffers have been rebuilt. The continuation of Vision 2030 reforms has helped advance the country's economic diversification agenda, including through...

À l'occasion du retour des Assemblées annuelles de la Banque mondiale et du FMI sur le continent africain pour la première fois depuis 50 ans, et plus précisément à Marrakech, au Maroc, ce dossier spécial sur l'Afrique traite de la conjoncture économique de l'ensemble du continent

بمناسبة عودة الاجتماعات السنوية لصندوق النقد الدولي والبنك الدولي إلى الانعقاد في قارة إفريقيا، بعد مُضي 50 عاما - وفي مدينة مراكش المغربية تحديدا - يتناول هذا...

On the occasion of the World Bank-IMF Annual Meetings' return to the African continent after 50 years-specifically to Marrakech, Morocco-this Special Issue on Africa discusses economic developments for the entire continent. After four years of crises and at the close of another difficult year,...

Saudi Arabia's economy is booming, unemployment is at a record low, the output gap is closed, inflation is contained, and fiscal and external buffers have been rebuilt. The continuation of Vision 2030 reforms has helped advance the country's economic diversification agenda, including through...

This Selected Issues paper provides an overview of the challenges facing the banking sector in Libya and puts forward reforms to strengthen financial stability and accelerate credit growth. Priority reforms are identified using the 2012 sound principles for effective supervision, issued by the...

This 2023 Article IV Consultation discusses that Libya's institutional framework has helped the country through a period of significant macroeconomic volatility and turmoil. There have been exceptional swings in oil production and revenues since 2011. The economy contracted sharply in 2020 due...

This Joint Staff Advisory Note (JSAN) reviews the first Annual Progress Report (APR) on Somalia's Ninth National Development Plan (NDP9). NDP9 is a nationally owned and comprehensive strategy for poverty reduction and inclusive growth. It covers 2020-2024 and is organized around the four...

This paper presents Pakistan's Request for a Stand-By Arrangement. Pakistan's' economic reform program aims to support immediate efforts to stabilize the economy and guard against shocks while creating the space for social and development spending to help the people of Pakistan. Steadfast policy...