Economy

Underpinned by solid growth and boosted by medium-term fiscal support, the Sri Lankan economy rode out a difficult year in 2016, though government measures to curb spending and boost revenue may impact investment and expansion in the coming year.

Stability and consolidation were Qatar’s watchwords in 2016, as the government continued to make long-term investments in national infrastructure at a time of restricted economic growth in the region.

Soft commodity prices, disruptions to oil and gas production, and a depreciating currency saw Ghana’s economy slow in 2016, though the country’s new government is expected to benefit from a strong rebound over the coming year.

Lower returns from the extraction and agriculture sectors and a global fall in commodity prices combined to curb Papua New Guinea’s economic growth in 2016, though prospects for a modest rebound this year are firming up.

El lento crecimiento y la incertidumbre de las políticas entrantes de Donald Trump en la economía, que se prevé el tema más importante del 2017, contrarrestaron la mejora en las cifras de empleo y el alto rendimiento de una serie de sectores clave.

In contrast to many other large African markets, Kenya was less affected by sustained low commodity prices during 2016 and continued to post strong growth throughout the year, despite a slight heating of inflation and tighter credit climate.