How have producers been affected by the financial difficulties that face exporters?
Stronger energy revenue for much of the year and liberalisation reforms have helped Saudi Arabia’s economy rebound in 2018, though falling oil prices late in the year and the potential fallout over security issues could affect growth moving forward.
Although Myanmar’s economy has grown above the regional average in 2018, a fall in overseas investment, crop losses and a weakening of the kyat have combined to slow the pace of that economic growth. However, moves to open up sectors of the economy to foreign ownership may boost inward investment in the coming year.
Higher energy returns are expected to have led Abu Dhabi’s return to growth in 2018, with expectations of further expansion in 2019 as the government rolls out an extensive stimulus programme
Increased state spending on infrastructure and construction projects supported solid growth in Dubai’s economy in 2018, despite muted performances from some key sectors.
Ghana has launched its first open bid for oil and gas leases, a move aimed at attracting international energy investors to the country’s upstream market.
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