• 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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Historically, the exploitation of mineral reserves in the Eastern Region has played a big role in the economic performance of the Oriental. It has also shaped the social fabric of communities. For decades, coal mining was essential for the livelihood of whole towns, providing jobs as well energy for the region. Despite a reduction in mining’s...

The region’s capital city is under renovation with new roads and low-income housing being built. Located just 15 km from the country’s border with Algeria, and home to about 500,000 inhabitants, the city of Oujda has historically been a trading conduit between Morocco and its eastern neighbour, and serves as the capital of the Oriental region....

Chapter | Oriental from The Report: Morocco 2013

After a decade of investment, Morocco’s Oriental region is ready to build a strong reputation in the Mediterranean. For years, the Oriental, as the Eastern Region is known, suffered from insufficient transport connections to the rest of the country and a lack of the infrastructure necessary for supporting the development of its family-owned businesses and strategic industries. However, an...

A US offer to back Jordanian bond issues may help lower the Kingdom’s borrowing costs and boost confidence in the country’s securities, which has been dented by regional instability that has slowed economic growth.

The local economy is struggling to overcome twin hurdles – an inflated unemployment rate that siphons off state funding for social services and a lack of skilled workers to fill the many positions that are currently vacant.
Ghana’s economy is expected to see robust growth this year, at around 8.5%, but so too will public spending. The 20% increase in government expenditures should help sustain social services and infrastructure investment, and underwrite activity in the energy, agriculture and construction sectors. However, there are concerns the country may not be pursuing fiscal consolidation aggressively enough, and 2013 will see a wide deficit and rising debt.

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