CATEGORY: OBG CEO Surveys
While the most recent economic results show a deceleration from 2017, Morocco’s overall picture continues to look stable: the central bank expects the country to end 2018 with 3.5% growth, a substantial figure, though down from 4.1% last year. Sentiment also remains strong among the country’s business leaders, as indicated by our latest OBG Business Barometer: Morocco CEO Survey. Of the 106 CEOs we surveyed, almost three-quarters have positive or very positive expectations of local business conditions in the coming 12 months. Aside from non-agricultural activities, CEOs expect industrial acceleration to primarily stem from automotives.
With a young and burgeoning population, Myanmar has made notable progress and has substantial economic potential. However, a number of challenges persist, according to the 100 C-level executives who participated in the third and latest Business Barometer: Myanmar CEO Survey. Although Myanmar’s first credit bureau is preparing to begin operations, 83% of respondents say that access to credit remains difficult or very difficult. Furthermore, infrastructure gaps and the bureaucratic capacity of the public sector are seen as the factors most likely to weigh on economic development.
Despite fierce domestic and international headwinds that have threatened to blow Myanmar’s fast-growing economy off course, executives who participated in Oxford Business Group’s latest Business Barometer: Myanmar CEO Survey remain broadly confident about the investment climate in Southeast Asia’s last great frontier market.