After a short slowdown in 2017 as some of the large infrastructure projects were phased out, growth recovered in 2018 but is still below potential. Pursuing its ambition to position itself as a regional...
Kuwait's economy contracted by an estimated 1 percent in 2017 as OPEC-related oil production cuts weighed on growth. However, growth should gradually recover to about 3 percent in the medium term, supported...
A slight decline in hydrocarbon production, which was not offset by higher than expected public spending, underpinned the growth slowdown in 2017. Additionally, structural challenges constrain growth for...
As the impact of the previous year's boost in oil production and exports dissipates, overall growth rate is expected to stabilize at around 4.2 percent, with a larger contribution from the non-oil sector...
As the impact of the previous year's boost in oil production and exports dissipates, overall growth rate is expected to stabilize at around 4.2 percent, with a larger contribution from the non-oil sector...
Economic growth has recovered in 2017, while non-agricultural activity remained subdued, reflecting an economy, which the production still depends on rain-fed agriculture. Thanks to prudent fiscal policy...
Macroeconomic conditions are improving, as Egypt's twin deficits are narrowing and inflation has receded sharply in recent months. The Central Bank has cut key policy rates for the first time since the...
GDP growth is estimated to have remained flat at 2.2 percent in 2017, in part reflecting the effects of the ongoing rift with its neighbors. However, growth is expected to strengthen in the medium term...
After a short slowdown in 2017 as some of the large infrastructure projects were phased out, growth recovered in 2018 but is still below potential. Pursuing its ambition to position itself as a regional...
Kuwait's economy contracted by an estimated 1 percent in 2017 as OPEC-related oil production cuts weighed on growth. However, growth should gradually recover to about 3 percent in the medium term, supported...
A slight decline in hydrocarbon production, which was not offset by higher than expected public spending, underpinned the growth slowdown in 2017. Additionally, structural challenges constrain growth for...
GDP growth is estimated to have remained flat at 2.2 percent in 2017, in part reflecting the effects of the ongoing rift with its neighbors. However, growth is expected to strengthen in the medium term...
Continued economic growth has been achieved despite low oil prices, but it has come at the expense of fiscal and external stability. The exchange rate peg is a regular feature of debate given the perceived...
Real GDP growth in 2017 remained broadly flat due to Oman’s participation in the OPEC oil production cuts and fiscal austerity. The current account deficit has narrowed but remains large. Similarly, the...
The Kingdom of Saudi Arabia is proceeding swiftly on its ambitious multifaceted reform agenda. In 2018, authorities are continuing their commitment to the OPEC deal, which is in place throughthe end of...
The relative economic improvement in 2017 remains fragile, as sustaining this dynamic depends crucially on a political resolution that in the current context seems hard to reach. The macroeconomic framework...
The Kingdom of Saudi Arabia is proceeding swiftly on its ambitious multifaceted reform agenda. In 2018, authorities are continuing their commitment to the OPEC deal, which is in place throughthe end of...
Real GDP growth in 2017 remained broadly flat due to Oman’s participation in the OPEC oil production cuts and fiscal austerity. The current account deficit has narrowed but remains large. Similarly, the...
Non-hydrocarbon growth is estimated to have remained resilient in 2017 while OPEC-mandated oil production cuts limited hydrocarbon growth. Economic performance is likely to improve in 2018 withfirming...
Continued economic growth has been achieved despite low oil prices, but it has come at the expense of fiscal and external stability. The exchange rate peg is a regular feature of debate given the perceived...