A new budget signalled major funding boosts in Myanmar for the power and education sectors, both of which have been identified as structural weaknesses in the economy.
Economy
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Economic update | Sri Lanka looks to turn the page
21 Apr 2015
An interim budget unveiled by Sri Lanka’s new government aims to bring down debt levels while maintaining growth, with newly elected President Maithripala Sirisena pledging in his inaugural speech in January to defeat corruption as well as lead a social transformation of the island nation.
A strong outlook for corporate earnings and the broader economy in Qatar, combined with an easing of restrictions on foreign ownership of firms, is pointing to a positive investment environment this year.
Garnering more investment, loans and assistance packages than had been widely expected, Egypt’s Economic Development Conference (EEDC) secured investment contracts worth $36.2bn, an additional $18.6bn in infrastructure contracts to set up power plants, and $5.2bn in loans from international financial institutions.
Economic update | Le Gabon se montre optimiste sur sa croissance malgré les déboires pétroliers
27 Mar 2015
Si les prix bas du pétrole ont un effet tangible sur l’économie gabonaise, le gouvernement s’attend tout de même à ce que le pays enregistre cette année une solide croissance du PIB grâce aux efforts continus de diversification des activités économiques.
The Islamic debt market in Jordan is set to capitalise on growing worldwide interest in sukuk (sharia-compliant bonds) after long-awaited regulations allowing banks to issue and buy the financial instrument have been put in place, paving the way for a sovereign issuance.