Macroeconomic growth hit a 25-year low in 2016 as ongoing regional volatility continued to constrain trade, exports and investment. The Syrian refugee crisis has exacerbated existing pressures on fiscal stability and social infrastructure, while public debt has been on an upward trend as the government attempts to cover the costs associated with hosting over 500,000 refugees. However, 2016 may...
Economy
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Chapter | Country Profile from The Report: Jordan 2018
The Hashemite Kingdom of Jordan is widely seen as a pillar of stability in a region that has been disrupted by conflict in recent years. Despite challenging surroundings, Jordan has managed to maintain efficient political workings and positive economic growth. As a country with scarce natural resources but a highly educated population, the kingdom aims to become a regional leader in sectors...
As ongoing volatility continues to hamper growth in the region, Jordan has made significant progress in preserving macroeconomic stability and reducing its fiscal deficit in the past few years. Efforts to the fulfill the stipulations of a $723m extended fund facility agreement with the IMF continue, and the government may need to pursue more widespread reforms to increase income tax revenues and limit tax avoidance so as to sustain recent momentum.
Articles & Analysis | Myanmar government promotes exports to address trade deficit from The Report: Myanmar 2018
As its economic liberalisation agenda progresses, the government has increasingly turned its attention towards addressing the country’s widening trade deficit. Although Myanmar exports have risen sharply over the previous decade, they have not kept pace with import growth. An overdependence on raw resource exports and the lack of a diversified...
Interviews & Viewpoints | U Than Myint, Minister of Commerce: Interview from The Report: Myanmar 2018
What impact do you foresee the National Export Strategy (NES) having on the trade deficit?
Articles & Analysis | Hotel options in Myanmar from The Report: Myanmar 2018
CHATRIUM HOTEL ROYAL LAKE YANGON 40 Natmauk Road Tamwe Township T: +951 544 500 F: +951 544 400 info.chry@chatrium.com www.chatrium.com Rooms: 300 rooms and suites, with 165 deluxe rooms (40 sq metre), 89 Chatrium club rooms (40 sq metre), 10 corner deluxe rooms (55 sq metre), 7 studio suites (61 sq metre), 8 junior suites (71 sq metre), 15 deluxe suites (75 sq metre), 5...