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Morocco’s investment focus may shift

Location:

MOROCCO

In July, a revised finance law was issued for 2020, as the impacts of policy responses to the pandemic rendered the original budget assumptions obsolete.

Turkish lira faces fragility despite AKP victory

Location:

TURKEY

However, serious concerns remain about the credibility of Turkey's Central Bank (CBRT), whose refusal to mount an interest rate defence of the lira accentuates the risks posed by…

Riyadh’s rapid-fire reforms may cause policy overload

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SAUDI ARABIA

The outlook for the Saudi private sector.

Financing shortfall will push Oman to uneasy austerity

Location:

OMAN

A fiscal crunch exacerbated by the pandemic and associated oil-price crash has forced the authorities to step up long-term ‘Omanisation’ efforts, ultimately taking pressure off…

Iraqi Kurdish economic crisis set to deepen

Location:

IRAQ

The KRG has had difficulty making payments to IOCs owing to a serious shortfall in fiscal revenue in 2014-15, the result of disputes with Baghdad and falling oil prices. Salaries…

Saudi Arabia will lead Gulf funds’ inward focus shift

Location:

GULF STATES

This echoed the strategy of the sovereign wealth funds of Gulf Cooperation Council (GCC) states after the 2008 global financial crisis, but there are several key differences: GCC…

IMF loan will help address Tunisia's crisis

Location:

TUNISIA

The loan is especially critical because Tunisia is struggling with a rising debt burden and a shortage of foreign currency, while inflation is rising and foreign investors, plus…

Low monetary credibility keeps strain on Turkish lira

Location:

TURKEY

The recovery from the record low of 4.93 on May 23 may reflect officials’ efforts to counteract President Recep Tayyip Erdogan’s disastrous interventions in Turkey’s economic…

Russian sanctions will hold back Turkish GDP growth

Location:

TURKEY

The impact of the sanctions Russia imposed after Turkey shot down its warplane on November 24.

Arab enemies may impose new sanctions on Qatar

Location:

QATAR

Hopes for a swift resolution of the Gulf crisis were dashed on June 23 when details emerged of a list of 13 demands sent by the four countries that launched a boycott of Qatar on…