World News

Economic Outlook: The AfDB Forecasts Growth for Madagascar of 4.5% in 2024 and 5.3% in 2025

Growth on the Grande Île was 4.4 percent in 2023, compared with 4.3 percent in 2022 August 6, 2024/AfDB The African Development Bank Group’s Country Report 2024 forecasts vigorous economic activity for Madagascar, with expected growth of 4.5 percent in 2024, climbing to 5.3 percent in 2025. Growth on the […]

Now Is the Time to Help Countries Faced with Liquidity Challenges

(Credit: Kim Haughton/IMF Photo) August 1, 2024/IMFBlog By Ceyla Pazarbasioglu and Pablo Saavedra Many countries are being squeezed by increasing interest payments and high debt redemptions. The economic scarring of the pandemic, conflicts around the world, and the abrupt rise in global interest rates have hit low-income countries the hardest. […]

AfDB Launches 54 Country Focus Reports

The reports give deeper country-by-country specific dynamics and insights July 30, 2024/AfDB The African Development Bank Group has launched Country Focus Reports designed to deepen policy dialogue on the macroeconomic performance and outlook of individual countries and to act as an indispensable tool for policy makers, government and development partners. […]