The effects of lower oil prices continue to be felt in Oman, with budget cuts and spending rationalisation still in evidence across the board. However, higher commodity prices in late 2017 and into early 2018 should provide a welcome boost to state revenues.
Proposed incentives to encourage mergers, combined with the implementation of new banking standards, could lead to greater consolidation within Thailand’s banking sector, which the government hopes will strengthen lenders amid plans to fast-track industrial growth.
Bahrain has moved forward with plans to improve national infrastructure as part of its economic development strategy, announcing a series of tenders relating to the upgrade and expansion of the country’s airport.
El gobierno ha intensificado el desarrollo de infraestructura en el Perú, anunciando planes para otorgar $4.500 millones en contratos de Asociación Público-Privada (APP) este año, con el objetivo de impulsar el crecimiento y mejorar el potencial comercial del país.
Trinidad and Tobago has launched two programmes to incentivise new residential housing projects, with the aim of addressing a national housing shortfall and boosting activity in the construction sector.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×