Economy

In mid-December 2015 Qatar’s Ministry of Development Planning and Statistics cut the country’s GDP forecast for the year to 3.7%, down by nearly half from an earlier prediction of 7.3% and the 6.1% recorded in 2014.

Last month Kuwait announced plans to create a new fund to manage its domestic assets, signalling a key step forward in the country’s push to privatise state-owned companies.

Amid concerns that Brunei Darussalam’s budget deficit could exceed earlier forecasts, Pehin Dato Abd Rahman Ibrahim, the second minister of finance, delivered a precautionary speech in January, emphasising the importance of public spending cuts.

Una base económica más amplia y una menor dependencia de los bienes básicos pusieron a Panamá en ventaja frente a sus pares en Latinoamérica durante 2015, cuando el país registró la tasa de crecimiento más alta de la región. 

A decisive victory for the opposition in Myanmar’s general elections in late 2015 generated a fresh wave of investor optimism, raising hopes of increased economic stability in 2016 after a somewhat uncertain year.

Si la chute des cours du pétrole a eu des répercussions sur les recettes d’exportation de l’Algérie, son impact a toutefois été atténué par les importantes réserves de change et une croissance soutenue des secteurs hors hydrocarbures.