Investment Rating - The report does not explicitly provide an investment rating for the livestock sector in Tanzania, but it emphasizes the need for significant public investment and private sector engagement to enhance productivity and competitiveness [22][28]. Core Insights - Tanzania's livestock sector has considerable potential for growth, driven by increasing domestic demand and the need for climate-smart innovations to enhance resilience and productivity [22][23]. - The sector faces challenges such as climate change, inadequate investment, and structural barriers that limit its contribution to GDP and agricultural GDP [24][25]. - Public investment of approximately US$546 million over five years is necessary to address the multifaceted challenges in the livestock sector and enhance its economic contribution [22][28]. Summary by Sections Recent Economic Developments - Tanzania's economy grew by an estimated 5.2% in 2023, supported by public spending and a recovering tourism sector, despite challenges from climate-related shocks [12][29]. - The current-account deficit improved, narrowing from US$554.6 million (4.2% of GDP) in 2M-2023 to US$328.8 million (2.5% of GDP) in 2M-2024, aided by increased export earnings [13][14]. Harnessing a Climate-Smart and Competitive Livestock Sector - The livestock sector is crucial for many households, contributing significantly to food security and income, yet it remains underfunded compared to its potential [23][25]. - Climate-related risks, such as erratic rainfall and higher temperatures, pose significant challenges to the sector's productivity and competitiveness [24]. - There is a need for an enabling environment for private investment to foster innovation and efficiency in the livestock sector [22][28]. Emerging Strengths and Opportunities - Tanzania's strategic geographical location and diverse indigenous livestock breeds present opportunities for regional and global market expansion [26][27]. - Increasing demand for processed and value-added livestock products offers avenues for investment and job creation [27]. Policy Recommendations - Sustainable livestock development requires a substantial increase in public investment, focusing on productivity, trade, climate adaptation, and governance [28]. - Implementing climate-smart practices and enhancing market linkages are essential for mitigating climate risks and improving the sector's competitiveness [28].

Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - The economic growth of Benin remained strong at 6.4 percent in 2023, slightly up from 6.3 percent in 2022, despite various external shocks [13][32] - The agricultural sector, which accounts for 27.1 percent of GDP, showed slight improvement with a growth rate of 5.1 percent in 2023, although it remains below pre-pandemic levels [13][49] - The report emphasizes the importance of adapting to climate change to mitigate potential economic losses, projecting that without adaptation, GDP losses could reach up to 19 percent by 2050 [21][23] Recent Economic Developments and Outlook - Benin's economic context in 2023 was characterized by rising regional uncertainties and a slowdown in global output [33] - The national poverty rate was recorded at 36.2 percent in 2021-22, affecting approximately 4.6 million people [15] - Fiscal consolidation efforts led to a reduction in the fiscal deficit to 4.1 percent of GDP, the lowest since 2019 [16][17] - Public debt slightly increased to 54.5 percent of GDP in 2023, with a focus on maintaining sustainability [18] Adapting to Climate Change for Sustainable and Resilient Economic Growth - The macroeconomic cost of inaction on climate change is high, with significant potential GDP losses projected if adaptation measures are not implemented [21][22] - Key policy options include investing in sustainable agriculture, urban adaptation, and resilient infrastructure to support economic growth and poverty reduction [24][28] - The report highlights the need for innovative financing and public-private partnerships to support climate adaptation investments, estimating an average annual investment of 0.3 percent of GDP for climate-related initiatives [28][29]

Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Technology & Innovation Lab INTEROPERABILITY BETWEEN CENTRAL BANK DIGITAL CURRENCY SYSTEMS AND FAST PAYMENT SYSTEMS A TECHNICAL PERSPECTIVE Public Disclosure Authorized ACKNOWLEDGEMENTS This knowledge brief has been prepared by a World Bank team comprised of Raunak Mittal, Mert Ozdag, Mahesh Karajgi, and Emmanuel Crown (Information Technology Solutions, Technology & Innovation Lab (ITSTI)), in collaboration with Ahmed Far ...

Public Disclosure Authorized PAKISTAN SUSTAINABLE ENERGY SERIES Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized PAKISTAN ENERGY SURVEY Insights into the true energy access situation in Pakistan based on the Multi-Tier Framework PAKISTAN SUSTAINABLE ENERGY SERIES PAKISTAN ENERGY SURVEY Insights into the true energy access situation in Pakistan based on the Multi-Tier Framework Hyun Jin Choi, Saadia Qayyum, Bryan Bonsuk Koo ©2024 International Bank for Reconstruction and ...

Egypt Country Environmental Analysis Promoting Circular Economy and Blue Economy for Environmental Sustainability Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Acknowledgments This report was prepared by a team of World Bank staff and experts led by Suiko Yoshijima (Senior Environmental Specialist), and consisted of Hanan Elhadary (Senior Environmental Specialist), Fadi Doumani (Consultant), Sherif Arif (Consultant), Dalia Sakr (Consultan ...

T ECHNICAL REPORT J 2024 ld a ( F) WORLD BANK GROUP © 2024 The World Bank Group 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org This work is a product of the staff of The World Bank Group with external contributions. "The World Bank Group" refers to the legally separate organizations of the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral ...

Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized SCALING INNOVATIONS for Plastic Circularity with Investment in ASEAN Disclaimer This work is a product of staff at The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accu ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - Indonesia's GDP growth remains resilient at 5.1 percent in Q1-2024, supported by robust private consumption which accounted for 57 percent of GDP growth [23][48] - Inflation pressures are re-emerging, with headline inflation rising to 2.8 percent year-on-year in May 2024, driven by food prices and climate conditions affecting domestic production [23][50] - The fiscal stance has expanded slightly amid rising social spending, with a small budget surplus of 0.1 percent of GDP in Q1-2024 [23][25] - The private sector is crucial for Indonesia to achieve high-income status by 2045, requiring an annual growth rate of over 6 percent and a productivity increase of 3 percent [33][35] Summary by Sections Economic Update - Indonesia's GDP growth was 5 percent in 2023 and 5.1 percent in Q1-2024, surpassing the world average of 2.6 percent [48] - Public consumption rebounded in Q1-2024, driven by election-related and social spending, while net exports negatively contributed to growth due to weak global demand [23][49] - Inflation accelerated again in 2024, with food prices significantly impacting the overall inflation rate [23][50] Unleashing Indonesia's Business Potential - The private sector is characterized by a large number of small firms, with 66 million businesses, predominantly micro, small, and medium-sized enterprises (MSMEs) [34] - Regulatory reforms have improved the business environment, but challenges such as regulatory unpredictability and corruption persist [36][42] - Enhancing productivity and addressing structural challenges are essential for sustaining economic growth and improving living standards [35][44] Structural Challenges - The manufacturing sector is becoming less diversified, with a concentration in food and beverages, leading to vulnerabilities [29] - Regional income convergence has slowed, with disparities particularly evident in eastern Indonesia [30] - Labor productivity in Indonesia lags behind comparator countries, necessitating improvements to enhance competitiveness [38][39]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - WTO accession represents a once-in-a-generation opportunity for Timor-Leste to implement deep structural reforms and align domestic policies with international best practices, ensuring stable and predictable market access [12][19] - Timor-Leste faces unique challenges, including a small domestic market, high trade costs, weak export diversification, and vulnerability to natural disasters, which can be addressed through WTO and ASEAN accession [13][14] - The report emphasizes the importance of leveraging WTO accession to enhance economic growth, particularly through services-led development and digital transformation [17][21] Summary by Sections Part I: Recent Trade Performance - Timor-Leste's trade accounted for 89% of GDP in 2021, with exports contributing 26% and imports 63% [25] - The export intensity of GDP rose from 8.3% in 2011, primarily due to oil and gas exports starting in 2019, but overall export competitiveness remains low [25][28] - In 2021, oil and gas constituted over 94% of goods exports, highlighting the need for trade diversification [28] Part II: Overview of the WTO Accession Process - The WTO accession process is lengthy and complex, requiring a tailored approach for each applicant, with specific guidelines for least developed countries (LDCs) like Timor-Leste [46][52] - Domestic institutional arrangements are crucial for effective negotiation and implementation of accession commitments, with an inter-ministerial committee established in Timor-Leste to facilitate this process [54] Part III: WTO Accession and Economic Growth - WTO accession can drive productivity and growth, with empirical evidence linking it to improved national competitiveness [21] - Services-led growth is highlighted as a promising avenue for Timor-Leste, necessitating improvements in the business climate and investments in human capital [21][19] - The report advocates for the use of trade-related technical assistance to strengthen Timor-Leste's quality infrastructure and improve trade facilitation [22][39]

Public Disclosure Authorized Unseen Green Jobs Public Disclosure Authorized A Study on Informal Waste Workers in Vientiane Capital, Lao PDR Public Disclosure Authorized Public Disclosure Authorized © 2024 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this ...