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Despite Strong Growth, South Asia Remains Vulnerable to Shocks

Growth in South Asia is expected to be strong at 6.0% in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka. But persistent structural challenges threaten to undermine sustained growth, hindering the region’s ability to create jobs and respond to climate shocks, says the World Bank in its twice-a-year regional outlook.
United States World Bank District Of Columbia Sri Lanka Franziska Ohnsorge Asia Development

Financial Sector and Fiscal Policy Reforms Will Help Bangladesh Sustain Strong Growth Despite Strong Growth, South Asia Remains Vulnerable to Shocks

Dhaka — Bangladesh's economy made a strong turnaround from the COVID-19 pandemic, but the post-pandemic recovery continues to be disrupted by high inflation, a persistent balance of payments deficit, financial sector vulnerabilities, and global econo
Sri Lanka Franziska Ohnsorge Abdoulaye Seck World Bank Country World Bank Asia Development

World News | World Bank Projects Nepal's Economic Growth to Be 3.3 Per Cent in 2024

Get latest articles and stories on World at LatestLY. The World Bank (WB) has said that Nepal's economy is expected to grow by 3.3 per cent in 2024, driven by revived tourism and a pickup in hydropower exports. World News | World Bank Projects Nepal's Economic Growth to Be 3.3 Per Cent in 2024.
Sri Lanka Faris Hadad Zervos Franziska Ohnsorge World Bank Asia Development Nepal Development

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PAKISTAN: Implementing an Ambitious, Credible and Clearly Communicated Economic Reform Plan Critical for Robust Recovery, Poverty Reduction, says World Bank

ISLAMABAD —Pakistan’s economy is expected to grow by only 1.8 percent in the current fiscal year ending June 2024. According to World Bank’s latest Pakistan Development Update: Fiscal Impact of Federal State-Owned Enterprises released today, this sub
Sayed Murtaza Muzaffari Najy Benhassine Asia Development World Bank Wealth Fund World Bank Country

20 Countries with the Most Freshwater Resources

In this article, we take a look at the 20 countries with the most freshwater resources If you want to, you can skip our detailed discussion of global freshwater resources and analysis of industries related to it, and go directly to our shorter list of the 5 Countries With the Most Freshwater Resources. According to […]
North Sumatra Sumatera Utara Papua New Guinea Great Artesian Basin United States South China Sea
Source: yahoo.com

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