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Oil discovery and macroeconomic management : the recent Ghanaian experience (English)

This paper analyses the evolution of fiscal and monetary variables in Ghana, from the discovery of oil in 2007 through to 2014. It documents the deterioration of fiscal and monetary discipline over this period, which resulted in a rebound of debt, a deterioration of the external balance, and a decrease in public investment. ... See More +

Policy Research Working Paper WPS8209 OCT 03, 2017

Bawumia,Mahamudu; Halland,Havard Disclosed

Philippines monthly economic developments : October 2017 (English)

The World Bank projects that the Philippine economy will grow at 6.6 percent in 2017, and 6.7 percent in 2018 and 2019. In September, the Philippine Stock Exchange index reached a new record high while the peso stabilized. ... See More +

Newsletter 120149 OCT 01, 2017

Disclosed

Philippines monthly economic developments : August 2017 (English)

The Philippine Stock Exchange index (PSEi) posted solid gains in July, yet net foreign buying weakened. In the first seven months of 2017, the PSEi has increased by 17.2 percent, in line with top performing major stock indexes in the Asia-Pacific region. ... See More +

Newsletter 118719 AUG 01, 2017

Disclosed

Philippines monthly economic developments : July 2017 (English)

The World Bank projects continued strong growth for the Philippines and expects the economy to expand at 6.8 percent in 2017. The slightly revised 2017 projection considers recent economic trends and compares with the 6.9 percent forecast released in the April edition of the World Bank Philippine Economic Update. ... See More +

Newsletter 117579 JUL 01, 2017

Disclosed

Sierra Leone - Emergency Economic and Fiscal Support Operation Project (English)

Ratings of Emergency Economic and Fiscal Support Operation Project for Sierra Leone were as follows: outcomes were moderately satisfactory, risk to development outcome was significant, Bank performance was moderately satisfactory, and Borrower performance was moderately satisfactory. ... See More +

Implementation Completion and Results Report ICR4121 JUN 26, 2017

Disclosed

Montenegro - Fiscal and Financial Sector Resilience Project (English)

Program Information Document AB7911 JUN 07, 2017

Disclosed

Uganda - Intergovernmental Fiscal Transfers Program for Results Project : environmental assessment : Environmental and social systems assessment (English)

The objective of the Intergovernmental Fiscal Transfers Program for Results Project for Uganda is to enhance equity and efficiency of financing of decentralized social services. ... See More +

Working Paper 114442 MAY 15, 2017

Dieng,Boyenge Isasi Disclosed

Bhutan - Performance and learning review of the country partnership strategy for the period FY2015-2019 (English)

This performance and learning review (PLR) assesses the implementation progress of the World Bank Group (WBG) country partnership strategy (CPS) for the Kingdom of Bhutan in FY2015‐2019, which was discussed by the Board of Executive Directors on September 23, 2014. ... See More +

Country Assistance Strategy Document 110736 MAY 08, 2017

Disclosed

Philippines monthly economic developments : May 2017 (English)

In April, the Philippine stock exchange index (PSEi) reached its highest level in over six months, bolstered by strong demand from foreign investors. ... See More +

Newsletter 115020 MAY 01, 2017

Disclosed

Energy Subsidy Reform Facility Country Brief: Haiti (English)

The Energy Sector Management Assistance Program (ESMAP), through its Energy Subsidy Reform Facility, provided just-in-time support to the Government of Haiti as it struggled to phase out fuel subsidies. ... See More +

Brief 120090 MAY 01, 2017

ESMAP Disclosed

Tonga - Second Inclusive Growth Development Policy Operation Project (English)

The development objectives of Second Inclusive Growth Development Policy Operation Project for Tongo are to: i) Support fiscal resilience by means of strengthened revenue mobilization and strategic fiscal and debt policies; ii) support improved government accountability and private sector regulation by improving compliance with public procurement regulations, improving budgetary classifications, improving the adequacy of responses to external audit, and introducing new regulatory frameworks into selected sectors; and iii) support a more dynamic and inclusive economy by adopting investor‐friendly foreign investment legislation, extending coverage of the credit bureau, improving oversight and private participation in public enterprises, and introducing regulation to private sector labor markets. ... See More +

Program Document 113909 APR 27, 2017

Disclosed

Leaning against the wind : fiscal policy in Latin America and the Caribbean in a historical perspective (English)

Gross domestic product (GDP) in the Latin American and Caribbean (LAC) region fell by 1.0 percent in 2016. In particular, LAC economies are facing important fiscal challenges that have yet to be fully absorbed, as most regional economies ended 2016 with fiscal deficits. ... See More +

Publication 116072 APR 01, 2017

worldbank.org;; 000380611:Samuel Jaime Pienknagura:spienknagura@ Disclosed

Taming volatility : fiscal policy and financial development for growth in the Eastern Caribbean (Vol. 2) : summary (English)

The report is structured in four chapters that outline the main sources of volatility in the region and suggest ways to mitigate the impacts of that volatility on growth. ... See More +

Working Paper AUS15511 MAR 01, 2017

Carneiro,Francisco Galrao; Odawara,Rei Disclosed

Honduras - Fiscal Sustainability and Enhanced Social Protection Development Policy Credit Project (English)

Ratings of Fiscal Sustainability and Enhanced Social Protection Development Policy Credit Project for Honduras were as follows: outcome was satisfactory, risk to development outcome was substantial, Bank performance was satisfactory, and Borrower performance was satisfactory. ... See More +

Implementation Completion and Results Report ICR4127 FEB 28, 2017

Disclosed

Colombia - First Fiscal Sustainability and Competitiveness Development Policy Financing Project (English)

The project development objectives (PDOs) of the First Fiscal Sustainability and Competitiveness Development Policy Financing (DPF) Project for Colombia are to: (i) support fiscal consolidation measures and improved contingent liabilities management; and (ii) foster productivity in non-extractive sectors by strengthening the policy framework for trade facilitation, investment, competition, business regulation, and innovation. ... See More +

Program Document 109432 FEB 06, 2017

Disclosed

Montenegro - Policy notes 2017 (English)

Montenegro and the World Bank Group (WBG) have jointly prepared a robust program of cooperation for the next four years. In the past 18 months, the World Bank Group has prepared the Systematic Country Diagnostic (SCD) for Montenegro, a comprehensive analytic report outlining challenges and opportunities that the country is facing on the road to sustained growth and prosperity, and the Country Partnership Framework (CPF), a document that sets out the goals and priorities for World Bank Group program in Montenegro for the next four years. ... See More +

Working Paper 112642 JAN 01, 2017

Bosnian Disclosed

Romania - Second Fiscal Effectiveness and Growth Development Policy Loan Project : chair summary (English)

Board Summary 111206 DEC 15, 2016

Disclosed

China - Chongqing-Dadukou District Fiscal Sustainability Development Policy Financing Project (English)

This Chongqing‐Dadukou District Development Policy Financing (DPF) supports Chongqing‐Dadukou District Government in achieving fiscal sustainability through a forward‐looking, comprehensive and transparent public finance framework that integrates budget, public investment and debt management. ... See More +

Program Document 101493 DEC 13, 2016

Disclosed

Philippines monthly economic developments (December 2016) (English)

This newsletter includes the following headings: the World Bank upgraded the Philippines growth projection for 2016 from 6.4 percent to 6.8 percent, and for 2017 from 6.2 percent to 6.9 percent, given higher-than-expected third quarter growth and improved outlook assumptions; in October, manufacturing activities continued to expand, pushing utilization levels near full capacity; remittances remain a key growth driver as both personal and cash remittances reached their highest levels so far; prospect of an interest rate hike by the US Federal Reserve resulted in losses in the local stock index and contributed to a weakening peso; inflation inched up further in November driven by increasing food and utility prices; the banking system continues its expansion through strong credit growth, and Philippine banks received a stable outlook rating from fitch ratings on December 8; the fiscal balance weakened in January-October as expenditure growth continued to outstrip revenue growth. ... See More +

Newsletter 111049 DEC 01, 2016

Hansl,Birgit; Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Mylenko,Nataliya Disclosed

Burkina Faso - First Energy and Fiscal Management Development Policy Financing Project (English)

This program document proposes the first operation in a programmatic series of two Development Policy Financing (DPF) operations designed to support energy and fiscal reforms in Burkina Faso. ... See More +

Program Document 106670 NOV 21, 2016

Disclosed

Title Document Date Report No. Document Type Also available in
Oil discovery and macroeconomic management : the recent Ghanaian experience (English)
See More +
OCT 03, 2017 WPS8209 Policy Research Working Paper
Philippines monthly economic developments : October 2017 (English)
See More +
OCT 01, 2017 120149 Newsletter
Philippines monthly economic developments : August 2017 (English)
See More +
AUG 01, 2017 118719 Newsletter
Philippines monthly economic developments : July 2017 (English)
See More +
JUL 01, 2017 117579 Newsletter
Sierra Leone - Emergency Economic and Fiscal Support Operation Project (English)
See More +
JUN 26, 2017 ICR4121 Implementation Completion and Results Report
Montenegro - Fiscal and Financial Sector Resilience Project (English)
See More +
JUN 07, 2017 AB7911 Program Information Document
Uganda - Intergovernmental Fiscal Transfers Program for Results Project : environmental assessment : Environmental and social systems assessment (English)
See More +
MAY 15, 2017 114442 Working Paper
Bhutan - Performance and learning review of the country partnership strategy for the period FY2015-2019 (English)
See More +
MAY 08, 2017 110736 Country Assistance Strategy Document
Philippines monthly economic developments : May 2017 (English)
See More +
MAY 01, 2017 115020 Newsletter
Energy Subsidy Reform Facility Country Brief: Haiti (English)
See More +
MAY 01, 2017 120090 Brief
Tonga - Second Inclusive Growth Development Policy Operation Project (English)
See More +
APR 27, 2017 113909 Program Document
Leaning against the wind : fiscal policy in Latin America and the Caribbean in a historical perspective (English)
See More +
APR 01, 2017 116072 Publication
Taming volatility : fiscal policy and financial development for growth in the Eastern Caribbean (Vol. 2) : summary (English)
See More +
MAR 01, 2017 AUS15511 Working Paper
Honduras - Fiscal Sustainability and Enhanced Social Protection Development Policy Credit Project (English)
See More +
FEB 28, 2017 ICR4127 Implementation Completion and Results Report
Colombia - First Fiscal Sustainability and Competitiveness Development Policy Financing Project (English)
See More +
FEB 06, 2017 109432 Program Document
Montenegro - Policy notes 2017 (English)
See More +
JAN 01, 2017 112642 Working Paper Bosnian
Romania - Second Fiscal Effectiveness and Growth Development Policy Loan Project : chair summary (English)
See More +
DEC 15, 2016 111206 Board Summary
China - Chongqing-Dadukou District Fiscal Sustainability Development Policy Financing Project (English)
See More +
DEC 13, 2016 101493 Program Document
Philippines monthly economic developments (December 2016) (English)
See More +
DEC 01, 2016 111049 Newsletter
Burkina Faso - First Energy and Fiscal Management Development Policy Financing Project (English)
See More +
NOV 21, 2016 106670 Program Document