All Countries and All Sectors

The new government has targeted post-electoral stability with pledges to tame the budget deficit, boost infrastructure and curb expenditure. However, Papua New Guinea’s (PNG’s) opposition says Port Moresby’s plan to accept a large loan from China is an early misstep on the path to long-term growth.

Le 7 septembre, le Gabon a lancé des travaux de réaménagement d’un tronçon clé du principal axe routier nord-sud de la capitale, qui traverse le quartier Glass et s’étend du marché d’Oloumi à l’échangeur de l’autoroute Lalala dans la banlieue de Libreville.

Having issued two highly anticipated Islamic bonds (sukuk) recently and boasting continuing expansion in the conventional banking segment, Turkey looks set to maintain its current growth trend in financial services. However, there is still some cause for concern, with one sukuk not performing as well as expected and the economy likely to miss its target of 4% growth for 2012.

In recent weeks, the Ministry of Communications (MoC) has ordered Kuwait’s internet service providers (ISPs) to reduce their pricing by at least 40%. While this move could boost the number of users, some industry participants say that it is the ageing, government-owned, fixed-line communications infrastructure and lack of a clear regulatory framework – and not elevated pricing – that is limiting market expansion.

The capital markets have done remarkably well this year, supported by economic growth and international investment, and underpinned by recent reforms that have increased stability and security.

Some of the heat seems to be going out of the Qatari economy, as the rate of expansion is expected to ease back to single figures over the next few years. However, the more modest growth forecast by analysts will still place the country among the global leaders.