Over the past five decades, Gabon has proven itself to be one of the most politically stable countries on the continent, in spite of the challenges it shares with so many of its neighbours, such as a dependence on commodities.
Over the past five decades, Gabon has proven itself to be one of the most politically stable countries on the continent, in spite of the challenges it shares with so many of its neighbours, such as a dependence on commodities.
Although it has one of the region’s smallest populations, Gabon has long been a visible and effective diplomatic player in Central Africa, aided in part by strong ties to France – and more recently Asian economies – as well as by a comparatively high per-capita income and GDP.
Lower oil prices are likely to moderate Bahrain’s economic growth this year, though a strong non-oil sector, along with a sustained programme of state investment, should underpin GDP expansion into 2016 as oil markets await renewed demand.
Government efforts to loosen regulations banning foreigners from directly owning property in Indonesia promise to bolster tax revenues and spur greater investor interest.
The aviation sector in Papua New Guinea is set for a major shake up, with government plans to privatise a stake in the national flag carrier later this year.
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