June 12, 2024 According to a recent report, Myanmar's economy is still facing severe problems, and growth is anticipated to be slow as conflict, financial instability, and dislocation limit production. The World Bank's Myanmar Economic Monitor, issued on Wednesday, predicts that GDP would increase by 1% over the year to March 2025, in line with
June 12, 2024 According to the World Bank's 2024 Economic Update for Senegal, the country's economic development remained resilient in 2023, despite political difficulties and persistent, but reducing inflation. Despite disruptions in the services sector and a slowing of export growth, the country's thriving primary and secondary sectors boosted economic activity. The growth rate reached
June 11, 2024 In 2021, the EU spent approximately €1 882 billion on pensions, accounting for 12.9% of total GDP. Although overall pension expenditure climbed by 2.8% from 2020, its ratio to GDP was 0.7 percentage points lower than in 2020, when it was 13.6%. In 2021, the proportional importance of pension expenditures differed significantly
June 10, 2024 Cabo Verde has demonstrated resilience in the post-COVID-19 pandemic recovery, but the crisis has exposed weaknesses primarily reliance on tourism for economic development and risks from underperforming State-Owned Enterprises (SOEs). Unfortunately, climate change continues to exacerbate these shortcomings. In its report, Cabo Verde Economic Update 2024, the World Bank examines the state
June 10, 2024 Net International Reserves – May 2024 BOJ has reported that Jamaica's Net International Reserves as at May 31, 2024 stood at US$5,034.88 million, reflecting a decrease of US$67.41 million when compared to the US$5,102.29 million reported at the end of April 2024. Foreign Assets totalled US$5,129.35 million, US$67.01 million less than the
June 7, 2024 For the end of 2023, the European Central Bank (ECB) has updated its dataset of structural financial indicators for the EU banking industry. This yearly dataset includes information on the number of branches and staff members of EU credit institutions, as well as data on the concentration of the banking industry in
June 06, 2024 According to the World Bank's Cambodia Economic Update, which was published today, Cambodia's economic activity increased in the first quarter of 2024 despite subdued domestic demand. This growth was fueled by a resurgence of services and products exports. The economy is predicted to increase by 5.8% in 2024, up from 5.6% in
June 6, 2024 According to Caribbean News Global, in the first quarter of 2024, goods exports from Latin America grew by 1.3% year-on-year, rebounding from a 1.3% decline in 2023, reported by an Inter-American Development Bank (IDB) study. This growth was mainly driven by increased export volumes from South America, despite falling commodity prices. The
June 05, 2024 Kenya’s real GDP growth rose to 5.6% in 2023, surpassing the previous year’s rise of 4.9%. However, GDP growth in 2024 is predicted to drop down to 5.0%. This is according to the latest Kenya Economic Update (KEU) issued today, which adds that the 2023 rise was driven by the rebound of the
June 3, 2024 Government Operations Results for April 2024 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part
