- Sort by:
- Score
- Published ▼
-
Lebanon Looks To Put Fiscal House In Order
...With the world’s third highest debt-to-GDP ratio and annual growth averaging just 1.7% since 2011, the Lebanese economy needs crucial assistance. Saad Hariri’s government aims to cut this year’s deficit and upcoming donor conferences may help. But can efforts overcome the structural issues im...
Volume: 61Issue: 11Published at Fri, 16 Mar 2018 -
Egypt Devalues Currency: Will It Bring Stability?
...serves. Egypt has received massive external support from GCC monarchies since President Sisi took power in mid-2013. But with Gulf states themselves facing stretched finances such inflows are likely to slow this year. Egypt’s external debt has risen by $13.2bn to $48.1bn since the country’s 2011 re...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
Kuwait Set To Double Budget Surplus
...riod (see table). Oil Dependence Kuwait is reliant on oil export revenue to finance 93% of the current budget, though this is down from 94.5% for 2011-12. Kuwait’s official budget for 2013-14, based on a highly conservative oil price of $70/B, contains a deficit of KD7.43bn. Kuwait budgets fo...
Volume: 57Issue: 11Published at Fri, 14 Mar 2014 -
IMF: Libyan Economy Growing But Challenges Remain
...owth in the non-hydrocarbon sector in 2014. Inflation fell to 6% in 2012 and a further decline is expected in 2013. As for the financial sector the situation began to normalize after most of the UN sanctions that had frozen Libya’s foreign assets were lifted on 16 December 2011. This allowed th...
Volume: 56Issue: 11Published at Fri, 15 Mar 2013