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The World Bank Group
Source: The World Bank Group |

Strategic and Targeted Reforms Can Strengthen Morocco's Business Landscape: Report

The report underscores that with strategic reforms and a commitment to modernization, Morocco has the potential to significantly enhance its business environment, fostering economic growth and creating a more inclusive job market

The Moroccan economy demonstrated resilience and positive trends in 2024 despite facing significant challenges. Recent rainfall has alleviated drought conditions, contributing to a more favorable outlook for the agricultural sector. Overall growth is projected to increase to 3.6 percent in 2025, according to the World Bank's latest economic update for…

The World Bank Group
Source: The World Bank Group |

World Bank Enhances Commitment to Human Capital Development in Morocco

The first two financing operations, approved in June 2022 and December 2023, supported substantial legislative changes, including generalizing compulsory health insurance and launching a comprehensive social assistance program

The World Bank's Board of Directors has approved a $600 million financing package for the third phase of the "Strengthening Human Capital for a Resilient Morocco" program. The last in a series of three, this operation aims to enhance Morocco's resilience to health risks, improve human capital during childhood, reduce…

The World Bank Group
Source: The World Bank Group |

Human Capital is Key to Reducing Poverty and Boosting Development in Guinea-Bissau

In Guinea-Bissau, cross-cutting constraints such as climate challenges, gender disparities, and fragility hinder the strengthening and preservation of human capital

Some of the key findings from the Human Capital Review, a new World Bank report, highlight that strengthening human capital is crucial for reducing poverty and fostering long-term sustainable growth in Guinea-Bissau. Investments in health, nutrition, social protection, and education are key to enabling individuals to reach their full potential as…

The World Bank Group
Source: The World Bank Group |

New Project to Strengthen Communities and Support Vulnerable Groups in Djibouti

The Integrated Community Resilience Project will focus on improving basic infrastructure and services, strengthening social safety nets, and boosting economic opportunities for vulnerable communities

The World Bank approved today a US$31 million project aimed at strengthening the socio-economic foundations of underserved regions in Djibouti by enhancing human capital and expanding economic opportunities. The Integrated Community Resilience Project will focus on improving basic infrastructure and services, strengthening social safety nets, and boosting economic opportunities for…

The World Bank Group
Source: The World Bank Group |

World Bank’s South Sudan Economic Monitor Urges Swift and Sustained Reforms to Accelerate Economic Recovery and Inclusive Growth

The SSEM is an annual World Bank report series that assesses key economic developments, prospects, and policies in South Sudan

The 7th Edition of South Sudan Economic Monitor (SSEM) titled ‘A Pathway to Overcome the Crisis’ released today by the World Bank assessed that South Sudan`s economy is projected to contract by 30 percent in FY24/25, but is projected to rebound in FY25/26, if there is a resumption in oil exports…

The World Bank Group
Source: The World Bank Group |

New Report: Institutional and Policy Reforms Needed to Boost Economic Growth and Development in Liberia

This report provides an in-depth analysis of Liberia's economic outlook and examines on how the country's vulnerability to external shocks has influenced its sustainable growth and development

The World Bank today launched its flagship report, the Liberia Country Economic Memorandum, titled “Escaping the Natural Resource Trap: Pathways to Sustainable Growth and Economic Diversification in Liberia.” This report provides an in-depth analysis of Liberia's economic outlook and examines on how the country's vulnerability to external shocks has influenced its…

The World Bank Group
Source: The World Bank Group |

Ensuring safe motherhood: the impact of Casa das Mães in Guinea-Bissau

According to the latest medical statistics from 2022, conducted with the support of the World Bank, there are an estimated 549 maternal deaths per 100,000 live births

In the village of Mafam, in eastern Guinea-Bissau, Adama Djau had to travel over two hours by public transport on poorly maintained roads to reach the nearest hospital. Pregnant with twins and having a high-risk pregnancy, the 21-year-old was concerned for her health and that of her babies. When her…

The World Bank Group
Source: The World Bank Group |

Economic diversification is crucial for unlocking new sources of growth in Equatorial Guinea, says new report

The decline in the country’s oil revenues, combined with past shortfalls in diversifying the economy, has resulted in a prolonged recession, reversed economic gains, and jeopardized social progress

Economic diversification away from oil, investing in its people and strengthening institutions are crucial for stemming economic decline in Equatorial Guinea, says the World Bank in its latest Country Economic Memorandum report on the country. The decline in the country’s oil revenues, combined with past shortfalls in diversifying the economy,…

The World Bank Group
Source: The World Bank Group |

Anchoring Macroeconomic Stability Through Fiscal Policy in Zimbabwe

The PFR recommends several measures to create fiscal space and return Zimbabwe's fiscal accounts to a prudent trajectory

The Government of Zimbabwe recently embarked upon an important set of reforms aimed to durably restore Zimbabwe’s macroeconomic stability. To secure these reforms, it is key for the Treasury to identify ways to strengthen its fiscal policy to help move Zimbabwe towards a sustainable medium-term fiscal pathway, according to the…

The World Bank Group
Source: The World Bank Group |

Invest in Early Childhood Development to Transform Uganda’s Economy

The economic update projects GDP to grow modestly to 6.2% in the fiscal year 2024/2025

Despite ongoing global challenges and geopolitical tensions, economic activ­ity in Uganda has remained robust. According to a new World Bank report, real gross domestic product (GDP) grew by 6.1% in fiscal year 2023/2024 on top of 5.3% growth registered a year before. This growth has been broad-based with significant contributions…

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