The development objective of the Progestão Program: MPA Phase 1 State of Rio Grande do Sul Project for Brazil is to strengthen efficiency of public resource management and support fiscal sustainability...
Fiscal rules have been shown to support fiscal discipline by improving government budget balances and restraining the growth of debt. However, questions remain about what enhances their effectiveness and...
The development of objective of the Second Fiscal Sustainability, Inclusive, and Sustainable Growth Development Policy Financing Program for Cameroon is to: (i) improve fiscal sustainability, governance...
Most forward-looking indicators and a strong labor market suggest near-term expansion although manufacturing exports weakened. Sustained disinflation has allowed the Bangko Sentral ng Pilipinas (BSP) to...
Real growth remained constrained in H1 2024 amidst lingering inflationary pressures, weak external demand, and delayed highway construction. Fiscal consolidation targets are likely to be missed for 2024...
Montenegro’s economy is expected to grow by 3.4 percent in 2024. Growth is projected to moderate but remain solid at 3.5 percent in 2025, boosted by wage increases. However, fiscal challenges persist as...
Montenegro’s economy is expected to grow by 3.4 percent in 2024. Growth is projected to moderate but remain solid at 3.5 percent in 2025, boosted by wage increases. However, fiscal challenges persist as...
Real growth remained constrained in H1 2024 amidst lingering inflationary pressures, weak external demand, and delayed highway construction. Fiscal consolidation targets are likely to be missed for 2024...
The development objective of the Carbon-Conscious Fiscal and Growth Development Policy Financing for Ecuador is to support reforms by the Government of Ecuador (GoE) to enhance fiscal sustainability and...
The ongoing conflict in the Middle East has translated into considerable fiscal challenges for the Palestinian Authority (PA), especially on the revenue generation front. Increased deductions by the Government...
The Development Policy Operation (DPO) is the first of a series of three operations that support Kenya’s policy and institutional reforms to (i) promote efficiency, transparency, and equity of public finance;...
Ratings for the State Owned Enterprises (SOE) Related Fiscal Management Project for Cabo Verde were as follows: outcome and Bank performance was moderately unsatisfactory and monitoring and evaluation...
Despite Bhutan’s distinctive geographical and economic challenges, Bhutan has maintained a relatively high average real GDP growth rate of 8.8 percent over FY00-01-FY09-10, which is greater than the average...
The development objective of the Rio De Janeiro Fiscal Management and Sustainable Development Policy Loan for Brazil is to support the Municipality of Rio de Janeiro in: (i) strengthening fiscal management...
Growth in Sub-Saharan Africa is expected to slow to 2.5 percent in 2023 from 3.6 percent in 2022. It is projected to increase to 3.7 percent in 2024 and 4.1 percent in 2025. However, in per capita terms...
Operating in environments marked by fragility, conflict, and violence poses complex and distinct challenges, and the Palestinian case is no different. A significant body of literature has emphasized the...
The development objective of the Third Fiscal and Decarbonization Management Development Policy Loan (DPL) for Costa Rica is to support Costa Rica’s program to: (i) protect people’s income and jobs from...