Tunisia is working to gradually improve its economic indicators by means of tough yet necessary structural reforms. Although significant strides have been made since 2011, the country continues to face acute macroeconomic imbalances, while coincident reforms have suffered from changing administrations in the years following the revolution, negatively affecting economic growth.
With sweeping desert landscapes alongside natural and man-made wonders, tourism is an important facet of Jordan’s economy. Visitors flock to the country to see the fabled ancient city of Petra, take in important holy sites for Christians, Jews and Muslims, and bathe in the Dead Sea. While continued tension in the region has dented tourist numbers over the last few years, there are signs that...
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.
Myanmar is slowly emerging as a tourism destination in a region that is a favourite among travellers worldwide. It has a wealth of attractions to draw visitors from abroad, including Yangon’s Shwedagon Pagoda and many other diverse cultural and historical sites. One of the main challenges is developing the accompanying tourism infrastructure and ensuring an adequate skills base to keep pace...
Occupying a strategic position at the crossroads of India, China and Thailand, and now in its seventh year of sweeping economic liberalisation and political transition, Myanmar remains one of the fastest-growing economies in South-east Asia.
Although Bahrain has faced economic headwinds in recent years, the modest recovery of oil prices in 2017 bodes well for the future in addition to the non-oil sector driving growth, with activities unrelated to hydrocarbons extraction forecast to expand by 3.9% in 2018.
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×