The Middle East and North Africa (MENA) region is expected to grow modestly in 2024, returning to the low growth that prevailed in the decade before the pandemic. In addition to examining the macroeconomic outlook...
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Iraq
This paper surveys the status of refugee entrepreneurs in several world regions and offers a menu of possible actions that governments, development partners, and private sector actors (including local...
Highlights:
Iraq’s economy continued its recovery after the sharp, pandemic-induced recession in 2020 but growth constraints in the oil sector have reemerged.
After moderating in...
This policy brief presents an update on the state of food security and the gendergap in food insecurity in the Middle East and North Africa (MENA) region during theCOVID-19 pandemic using...
Most countries in the Middle East and North Africa (MENA) are struggling to reduce poverty and vulnerability—COVID-19 and now Russia's invasion of Ukraine are making the task even...
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When faced with rising prices in commodity markets, in particular oil and food, countries in MENA put in place policies aimed at containing domestic inflation. Despite...
Highlights:
Inflation Hurts the Poor and Vulnerable
Food price inflation reached double digits for most of the middle-income and low-income MENA economies in 2022. For most MENA economies...
The World Bank’s new Iraq Economic Monitor, A New Opportunity to Reform finds that high oil prices have boded well for Iraq’s economy pushing fiscal...
The Iraq Country Climate and Development Report (CCDR) is a core WBG analytical product. The report focuses on specific analytical components that are critical to addressing Iraq's most...
Highlights
Iraq’s economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in 2020.
Higher oil revenues pushed Iraq’s overall fiscal...