Structural Reforms Needed to Sustain Growth Momentum

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<li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/belarus">Русский</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="12"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/belgium">Belgium</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/belgium">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="13"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Belize</a> </li> <li class="tt-suggestion" data-original-index="14"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/benin">Benin</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/benin">Français</a></li> </ul> </li> <li class="tt-suggestion" 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href="https://www.worldbank.org/en/where-we-work/brazil">Brazil</a> <ul> <li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/brazil">Português</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="20"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/bulgaria">Bulgaria</a> <ul> <li lang="bg"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/bg/country/bulgaria">Български</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="21"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/burkinafaso">Burkina Faso</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/burkinafaso">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="22"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/burundi">Burundi</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/burundi">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="23"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caboverde">Cabo Verde</a> <ul> <li lang="pt"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/caboverde">Português</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="24"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cambodia">Cambodia</a> <ul> <li lang="km"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/km/country/cambodia">ភាសាខ្មែរ</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="25"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cameroon">Cameroon</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/cameroon">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="26"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/canada">Canada</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/canada">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="27"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/centralafricanrepublic">Central African Republic</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/centralafricanrepublic">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="28"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/chad">Chad</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/chad">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="29"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/chile">Chile</a> <ul> <li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/chile">Español</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="30"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/china">China</a> <ul> <li lang="zh"><a class="lang-list dropdown-item tt-menu-list" href="https://www.shihang.org/zh/country/china">中文</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="31"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/colombia">Colombia</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/colombia">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="32"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/comoros">Comoros</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/comoros">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="33"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/drc">Democratic Republic of Congo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/drc">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="34"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/congo">Republic of Congo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/congo">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="35"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/costarica">Costa Rica</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/costarica">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="36"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cotedivoire">Cote d'Ivoire</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/cotedivoire">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="37"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/croatia">Croatia</a> </li> <li class="tt-suggestion" data-original-index="38"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Czech Republic</a> </li> <li class="tt-suggestion" data-original-index="39"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/denmark">Denmark</a> </li> <li class="tt-suggestion" data-original-index="40"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/djibouti">Djibouti</a> </li> <li class="tt-suggestion" data-original-index="41"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Dominica</a> </li> <li class="tt-suggestion" data-original-index="42"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/dominicanrepublic">Dominican Republic</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/dominicanrepublic">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="43"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ecuador">Ecuador</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/ecuador">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="44"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/egypt">Egypt</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/egypt">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="45"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/elsalvador">El Salvador</a> <ul><li lang="es"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/elsalvador">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="46"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/equatorialguinea">Equatorial Guinea</a> </li> <li class="tt-suggestion" data-original-index="47"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/eritrea">Eritrea</a> </li> <li class="tt-suggestion" data-original-index="48"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/estonia">Estonia</a> </li> <li class="tt-suggestion" data-original-index="49"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ethiopia">Ethiopia</a> </li> <li class="tt-suggestion" data-original-index="50"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/westerneurope">Europe (Western)</a> </li> <li class="tt-suggestion" data-original-index="51"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Fiji</a> </li> <li class="tt-suggestion" data-original-index="52"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/finland">Finland</a> </li> <li class="tt-suggestion" data-original-index="53"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/france">France</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/france">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="54"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/gabon">Gabon</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/gabon">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="55"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/gambia">The Gambia</a> </li> <li class="tt-suggestion" data-original-index="56"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/georgia">Georgia</a> </li> <li class="tt-suggestion" data-original-index="57"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/germany">Germany</a> </li> <li class="tt-suggestion" data-original-index="58"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ghana">Ghana</a> </li> <li class="tt-suggestion" data-original-index="59"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/greece">Greece</a> </li> <li class="tt-suggestion" data-original-index="60"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Grenada</a> </li> <li class="tt-suggestion" data-original-index="61"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guatemala">Guatemala</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/guatemala">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="62"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guinea">Guinea</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/guinea">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="63"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guineabissau">Guinea-Bissau</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/guineabissau">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="64"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Guyana</a> </li> <li class="tt-suggestion" data-original-index="65"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/haiti">Haiti</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/haiti">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="66"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/honduras">Honduras</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/honduras">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="67"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Hungary</a> </li> <li class="tt-suggestion" data-original-index="68"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iceland">Iceland</a> </li> <li class="tt-suggestion" data-original-index="69"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/india">India</a> <ul><li lang="hi"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/hi/country/india">Hindi</a></li></ul> </li> <li class="tt-suggestion" data-original-index="70"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/indonesia">Indonesia</a> <ul><li lang="in"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/in/country/indonesia">Bahasa</a></li></ul> </li> <li class="tt-suggestion" data-original-index="71"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iran">Iran</a> </li> <li class="tt-suggestion" data-original-index="72"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iraq">Iraq</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/iraq">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="73"> <a class="country-name dropdown-item tt-menu-list" href="https://data.worldbank.org/country/israel">Israel</a> </li> <li class="tt-suggestion" data-original-index="74"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/italy">Italy</a> </li> <li class="tt-suggestion" data-original-index="75"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/jamaica">Jamaica</a> </li> <li class="tt-suggestion" data-original-index="76"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/japan">Japan</a> <ul><li lang="ja"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ja/country/japan">日本語</a></li></ul> </li> <li class="tt-suggestion" data-original-index="77"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/jordan">Jordan</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/jordan">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="78"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kazakhstan">Kazakhstan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/kazakhstan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="79"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kenya">Kenya</a> </li> <li class="tt-suggestion" data-original-index="80"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Kiribati</a> </li> <li class="tt-suggestion" data-original-index="81"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/korea">Korea</a> </li> <li class="tt-suggestion" data-original-index="82"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kosovo">Kosovo</a> </li> <li class="tt-suggestion" data-original-index="83"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Kuwait</a> </li> <li class="tt-suggestion" data-original-index="84"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kyrgyzrepublic">Kyrgyz Republic</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/kyrgyzrepublic">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="85"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lao">Lao PDR</a> </li> <li class="tt-suggestion" data-original-index="86"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/latvia">Latvia</a> </li> <li class="tt-suggestion" data-original-index="87"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lebanon">Lebanon</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/lebanon">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="88"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lesotho">Lesotho</a> </li> <li class="tt-suggestion" data-original-index="89"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/liberia">Liberia</a> </li> <li class="tt-suggestion" data-original-index="90"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/libya">Libya</a> <ul><li lang="ar"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/libya">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="91"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/lithuania">Lithuania</a> </li> <li class="tt-suggestion" data-original-index="92"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/luxembourg">Luxembourg</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/luxembourg">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="93"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/macedonia">FYR of Macedonia</a> <ul><li lang="mk"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/mk/country/macedonia">македонски</a></li></ul> </li> <li class="tt-suggestion" data-original-index="94"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/madagascar">Madagascar</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/madagascar">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="95"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/malawi">Malawi</a> </li> <li class="tt-suggestion" data-original-index="96"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/malaysia">Malaysia</a> </li> <li class="tt-suggestion" data-original-index="97"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/maldives">Maldives</a> </li> <li class="tt-suggestion" data-original-index="98"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mali">Mali</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mali">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="99"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Marshall Islands</a> </li> <li class="tt-suggestion" data-original-index="100"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mauritania">Mauritania</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mauritania">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="101"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mauritius">Mauritius</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mauritius">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="102"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mexico">Mexico</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/mexico">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="103"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">FS Micronesia</a> </li> <li class="tt-suggestion" data-original-index="104"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/moldova">Moldova</a> <ul><li lang="ro"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ro/country/moldova">română</a></li></ul> </li> <li class="tt-suggestion" data-original-index="105"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mongolia">Mongolia</a> <ul><li lang="mn"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/mn/country/mongolia">Монгол</a></li></ul> </li> <li class="tt-suggestion" data-original-index="106"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/montenegro">Montenegro</a> </li> <li class="tt-suggestion" data-original-index="107"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/morocco">Morocco</a> <ul> <li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/morocco">عربي</a></li> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/morocco">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="108"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mozambique">Mozambique</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/mozambique">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="109"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/myanmar">Myanmar</a> </li> <li class="tt-suggestion" data-original-index="110"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/namibia">Namibia</a> </li> <li class="tt-suggestion" data-original-index="111"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nepal">Nepal</a> </li> <li class="tt-suggestion" data-original-index="112"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/netherlands">Netherlands</a> </li> <li class="tt-suggestion" data-original-index="113"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nicaragua">Nicaragua</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/nicaragua">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="114"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/niger">Niger</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/niger">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="115"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nigeria">Nigeria</a> </li> <li class="tt-suggestion" data-original-index="116"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/norway">Norway</a> </li> <li class="tt-suggestion" data-original-index="117"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Oman</a> </li> <li class="tt-suggestion" data-original-index="118"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pakistan">Pakistan</a> </li> <li class="tt-suggestion" data-original-index="119"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Palau</a> </li> <li class="tt-suggestion" data-original-index="120"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/panama">Panama</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/panama">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="121"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/png">Papua New Guinea</a> </li> <li class="tt-suggestion" data-original-index="122"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/paraguay">Paraguay</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/paraguay">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="123"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/peru">Peru</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/peru">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="124"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/philippines">Philippines</a> </li> <li class="tt-suggestion" data-original-index="125"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/poland">Poland</a> <ul><li lang="pl"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pl/country/poland">Polski</a></li></ul> </li> <li class="tt-suggestion" data-original-index="126"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/portugal">Portugal</a> </li> <li class="tt-suggestion" data-original-index="127"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Qatar</a> </li> <li class="tt-suggestion" data-original-index="128"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/romania">Romania</a> <ul><li lang="ro"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ro/country/romania">Română</a></li></ul> </li> <li class="tt-suggestion" data-original-index="129"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/russia">Russia</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/russia">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="130"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/rwanda">Rwanda</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/rwanda">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="131"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Samoa</a> </li> <li class="tt-suggestion" data-original-index="132"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/saotome">Sao Tome and Principe</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/saotome">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="133"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/senegal">Senegal</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/senegal">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="134"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/serbia">Serbia</a> </li> <li class="tt-suggestion" data-original-index="135"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/seychelles">Seychelles</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/seychelles">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="136"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sierraleone">Sierra Leone</a> </li> <li class="tt-suggestion" data-original-index="137"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/singapore">Singapore</a> </li> <li class="tt-suggestion" data-original-index="138"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Slovak Republic</a> </li> <li class="tt-suggestion" data-original-index="139"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Slovenia</a> </li> <li class="tt-suggestion" data-original-index="140"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Solomon Islands</a> </li> <li class="tt-suggestion" data-original-index="141"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/somalia">Somalia</a> </li> <li class="tt-suggestion" data-original-index="142"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/southafrica">South Africa</a> </li> <li class="tt-suggestion" data-original-index="143"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/southsudan">South Sudan</a> </li> <li class="tt-suggestion" data-original-index="144"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/spain">Spain</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/spain">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="145"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/srilanka">Sri Lanka</a> </li> <li class="tt-suggestion" data-original-index="146"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Kitts and Nevis</a> </li> <li class="tt-suggestion" data-original-index="147"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Lucia</a> </li> <li class="tt-suggestion" data-original-index="148"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Vincent and Grenadines</a> </li> <li class="tt-suggestion" data-original-index="149"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sudan">Sudan</a> </li> <li class="tt-suggestion" data-original-index="150"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Suriname</a> </li> <li class="tt-suggestion" data-original-index="151"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/swaziland">Swaziland</a> </li> <li class="tt-suggestion" data-original-index="152"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sweden">Sweden</a> </li> <li class="tt-suggestion" data-original-index="153"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/switzerland">Switzerland</a> </li> <li class="tt-suggestion" data-original-index="154"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/syria">Syria</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/syria">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="155"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tajikistan">Tajikistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/tajikistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="156"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tanzania">Tanzania</a> </li> <li class="tt-suggestion" data-original-index="157"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/thailand">Thailand</a> <ul><li lang="th"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/th/country/thailand">ภาษาไทย</a></li></ul> </li> <li class="tt-suggestion" data-original-index="158"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/timor-leste">Timor Leste (East Timor)</a> </li> <li class="tt-suggestion" data-original-index="159"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/togo">Togo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/togo">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="160"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Tonga</a> </li> <li class="tt-suggestion" data-original-index="161"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Trinidad and Tobago</a> </li> <li class="tt-suggestion" data-original-index="162"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tunisia">Tunisia</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/tunisia">عربي</a></li></ul> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/tunisia">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="163"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/turkey">Turkey</a> <ul><li lang="tr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/tr/country/turkey">Türkçe</a></li></ul> </li> <li class="tt-suggestion" data-original-index="164"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/turkmenistan">Turkmenistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/turkmenistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="165"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Tuvalu</a> </li> <li class="tt-suggestion" data-original-index="166"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uganda">Uganda</a> </li> <li class="tt-suggestion" data-original-index="167"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ukraine">Ukraine</a> <ul><li lang="uk"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/uk/country/ukraine">Yкраїнський</a></li></ul> </li> <li class="tt-suggestion" data-original-index="168"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">United Arab Emirates</a> </li> <li class="tt-suggestion" data-original-index="169"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/unitedkingdom">United Kingdom</a> </li> <li class="tt-suggestion" data-original-index="170"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/unitedstates">United States of America</a> </li> <li class="tt-suggestion" data-original-index="171"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uruguay">Uruguay</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/uruguay">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="172"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uzbekistan">Uzbekistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/uzbekistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="173"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Vanuatu</a> </li> <li class="tt-suggestion" data-original-index="174"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/venezuela">Venezuela</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/venezuela">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="175"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/vietnam">Vietnam</a> <ul><li lang="vi"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/vi/country/vietnam">Tiẽng Việt</a></li></ul> </li> <li class="tt-suggestion" data-original-index="176"> <a 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width:100%; height:auto; } </style> <script type="text/javascript" src="https://worldbank.scene7.com/s7viewers/html5/js/VideoViewer.js"></script> <div id="s7video_div"></div> <script type="text/javascript"> var s7videoviewer = new s7viewers.VideoViewer({ "containerId" : "s7video_div", "params" : { "serverurl" : "https://worldbank.scene7.com/is/image/", "contenturl" : "https://worldbank.scene7.com/is/content/", "config" : "worldbankprod/WBG-Standard-Player", "posterimage": "worldbankprod/CEU-Jun.%202024-AVS", "videoserverurl": "https://worldbank.scene7.com/is/content", "asset" : "worldbankprod/CEU-Jun. 2024-AVS" } }) s7videoviewer.init(); </script> </div> </div> <hr aria-hidden="true"> <div class="redesign_static_content section">   <section > <article class="lp__body_content section " > <p>Economic activity picked up in China in early 2024, buoyed by stronger exports. Meanwhile, growth in domestic demand moderated. Manufacturing and infrastructure investment and consumer spending on services remained robust, while the property market correction continued, the World Bank said in <a href="https://documents1.worldbank.org/en/publication/documents-reports/documentdetail/099422406142429237"><strong>Growing Beyond Property: Cyclical Lifts and Structural Challenges</strong></a><i>,</i> the latest China Economic Update released today.</p><p>GDP growth is projected at 4.8 percent in 2024, an upward revision of 0.3 percentage points from the December 2023 forecast. The revision reflects stronger-than-expected exports and the impact of policy measures to support the property market and higher fiscal spending.</p><p>Risks to the growth outlook are broadly balanced. On the upside, earlier stabilization in the property sector and higher-than-expected fiscal spending could lift growth above the current forecast. Substantial progress on structural reforms, including of the enabling environment for the private sector, could boost short-term confidence and long-run productivity growth. Downside risks include a delay in the property market recovery beyond 2024, persistent deflationary pressures, slower-than-expected global growth, and increased trade tensions.</p><p><i>“Structural reforms could help China both sustain growth momentum in the short term and pursue long-term objectives,</i>” said <strong>Mara Warwick, World Bank Country Director for China, Mongolia, and Korea. </strong>“<i>Policies to accelerate the transition to carbon neutrality could boost demand for green technologies, while debt resolution and exit of unviable firms in the property and other sectors would reduce imbalances and free resources that can be used by more productive businesses.</i>”</p><p>The <a href="https://documents1.worldbank.org/en/publication/documents-reports/documentdetail/099422406142429237">report</a> also explores the impact of an aging population on growth and inequality in China. China’s rapidly aging population will have wide-ranging economic impacts, but with the right policies the demographic transition is manageable.<i> “The economic challenges from an aging population can be overcome with policies that increase labor force participation and extend productive working lives.,”</i> said <strong>Elitza Mileva,</strong> <strong>World Bank Lead Economist for China.</strong> <i>“Affordable childcare, better work-life balance, elimination of gender bias in hiring, a higher retirement age, skills upgrading, and lifelong learning are measures that could expand China’s workforce and make it more productive.”</i></p> </article></section> <div class="clearfix"></div> </div> <hr aria-hidden="true"> <div class="press_release_no section"> <div class="lp__pressrelease"> <span class="lp__pressrelease_title"PRES>PRESS RELEASE NO:</span><span class="lp__pressrelease_number"> 2024/14/EAP</span> </div> </div> <div class="redesign_title parbase section"> </div> <hr aria-hidden="true"> <div class="country_contacts parbase section"> <div class="lp__heading_v1"> <h2 class='h2'>Contacts</h2> </div> <div class="row">  <div class="col-lg-4 col-md-4 col-sm-6 col-xs-12"> <div class="lp__contacts_wrapper"> <div class='lp__location'>Beijing</div> <address> Tianshu Chen<br/> </address> <div class="lp__tel"> (86-10) 5861-7851<br/> </div> <div class="lp__email"><a data-customlink="em:body content" data-text="Email" href="mailto:tchen@worldbank.org"> tchen@worldbank.org</a></div> </div></div>  <div class="col-lg-4 col-md-4 col-sm-6 col-xs-12"> <div class="lp__contacts_wrapper"> <div class='lp__location'>Washington</div> <address> Mark Felsenthal <br/> </address> <div class="display"> <div class="lp__tel"> (202) 602-9673<br/> </div> </div> <div class="lp__email"><a data-customlink="em:body content" data-text="Email" href="mailto:mfelsenthal@worldbank.org"> mfelsenthal@worldbank.org</a></div></div> </div>  </div> <style> .lp__contacts_wrapper .lp__location { 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Structural Reforms Needed to Sustain Growth Momentum - World Bank Report