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Hurricane Melissa significantly disrupted Jamaica’s economy, reversing its progress in growth, employment, and poverty reduction. Strong pre-crisis macroeconomic management, characterized by disciplined fiscal policy, cr...
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Ecuador’s structural challenges include low growth, low quality employment, and fiscal accounts heavily dependent on oil revenues. Near-term priorities center on preserving fiscal sustainability, addressing power shortag...
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Growth is expected to soften to 4.3 percent in FY26 from 4.4 percent in FY25. Inflation remains in double digits, thus constraining household purchasing power. The conflict in the Middle East will weaken the external pos...
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Growth slowed to 2 percent in 2025 amid internal and external pressures. It is projected to recover to 2.7 percent in 2026, as consumption and investment rebound gradually although external uncertainty persists, includin...
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Russia's economy slowed sharply in 2025, with GDP growth falling to 1 percent from 4.9 percent in 2024, as fiscal stimulus faded and tight monetary conditions weighed on consumption and investment. Inflation moderated in...
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Romania’s growth slowed to 0.7 percent in 2025, reflecting structural weaknesses in productivity and competitiveness, while fiscal consolidation and high inflation eroded welfare, notably for poorer households. The Middl...
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Croatia’s growth in 2025 slowed to a still solid 3.2 percent. It was driven by strong private consumption supported by rising real disposable income, expansionary fiscal policy, and robust European Union (EU) funds inflo...
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This statement, delivered by Jan Jambon, Deputy Prime Minister and Minister of Finance and Pensions, and Maxime Prévot, Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation ...
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This statement, delivered by Satsuki Katayama, Minister of Finance of Japan, to the 113th Meeting of the Development Committee on April 16, 2026, outlines Japan’s assessment of the evolving global development landscape a...
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This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of Latin America and the Caribbean regio...
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Economic growth is estimated at 3.2 percent in 2025, driven by tourism, financial services, and information and communication technologies (ICT). Growth is forecast at 2.5 percent in 2026, as key service sector activitie...
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Sierra Leone’s economy expanded modestly in 2025, under-pinned by tighter monetary and fiscal policies. Sustained progress will depend on continued fiscal consolidation, prudent debt management, and institutional reforms...
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Economic growth is estimated at 5.8 percent in 2025,mainly driven by tourism, with inflation at 0.3 percent and a poverty rate of 7.2 percent using the upper-middle-income poverty line of US$8.30 per day (2021PPP). Growt...
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Economic growth is estimated to have slowed in 2025, driven by cuts in foreign aid and adverse climate conditions. Declining foreign aid adversely impacted demand, fiscal performance, constrained humanitarian support, an...
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Real GDP growth stood at 4.5 percent in 2025, driven by strong gold exports and improved fuel availability. Election-related expenses widened the primary fiscal deficit to 4.6 percent, raising debt. High debt service, li...