• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Chapter | Country Profile from The Report: Papua New Guinea 2016

Culturally one of the world’s most diverse countries, Papua New Guinea is widely considered to be one the last frontiers for tourism and business opportunities – the island of New Guinea hosts 6-8% of the world’s species, one-sixth of known languages and rivals Borneo, the Amazon and the Congo in terms of biodiversity. The country is an important exporter of natural resources (gold, copper,...

In mid-June the Central Bank of Nigeria (CBN) introduced a flexible interbank exchange rate market, effectively floating the naira in a major departure from historical policy.

A continued flow of investments in infrastructure looks set to maintain Bahrain’s upward trajectory in the second half of this year, with non-hydrocarbons sectors helping to drive the country’s fastest growth rate in two years.

Continued investment, particularly in retail and real estate, aims to drive footfall through a variety of new developments on Abu Dhabi’s Al Maryah Island.

Une révision des règles régissant les investissements est actuellement à l’œuvre en Algérie avec pour objectif de doper les secteurs hors hydrocarbures dans un climat de faible croissance économique et de prix de l’énergie en berne.

With low oil prices continuing to take their toll on the Kuwaiti economy, the government is hoping investment in the small and medium-sized enterprise (SME) sector begins to pay dividends.

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