Entries for 'Middle East North Africa'
May 1, 2013
Nonhydrocarbon growth remained strong, supported by government spending. Hydrocarbon output is expected to continue declining at least until 2015. Str
April 15, 2013
Egypt urgently needs to rectify serious macroeconomic imbalances as a prelude to tackling deep embedded structural distortions in the economy. Growth
April 5, 2013
Bahrain is the only country in the GCC that is running a fiscal deficit. A sharply higher level of recurrent expenditure was locked in last year follo
March 11, 2013
Political uncertainty in Syria continues to pose a major threat to Lebanon's political order and economic stability. Growth decelerated to 0.6% and th
February 11, 2013
The oil market will continue to be well-supplied in 2013 as production capacity, especially outside of OPEC, will grow faster than demand, which will
February 5, 2013
Prospects now look less favorable than a few months ago due to political uncertainty and delays in an IMF agreement. The recent move to a more flexibl
January 24, 2013
Iraq's economy grew at an exceptionally high rate of 11% of GDP in 2012, driven by oil output, which rose to record levels. Oil revenue also provided