Ongoing expansion in key sectors fuelled solid growth in Kenya in 2019, although rising debt continues to challenge economic performance.
Ongoing expansion in key sectors fuelled solid growth in Kenya in 2019, although rising debt continues to challenge economic performance.
Muted growth figures did not detract from a generally positive year for Qatar, in which new developments in liquefied natural gas (LNG) production were matched by broad-based expansion in non-hydrocarbons sectors.
Although a slowdown in international trade made 2019 a leaner year for Morocco, real GDP growth decreased only slightly to 2.7%, from 3% in 2018, according to the IMF. This trend is expected to be reversed in 2020, with the national authorities and the IMF forecasting growth will accelerate to 3.5% and 3.7%, respectively.
Lower agricultural exports, on the back of sluggish global demand, made for a challenging 2019 in Tunisia.
While 2019 was a rather mixed year for Colombia’s economy, the country closed the year on a positive note, with 3.4% GDP growth.
A range of developments contributed to making 2019 an overall positive year for Saudi Arabia.
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