Global Economic Tracker—Insights and Trends (GET-IT)—Emerging Middle East and Africa Quarter 1, 2015

A Quarterly Pulse of Growth Opportunities

  • Research Code : 9A6E-00-0A-00-00
  • SKU : CI0081-AF-DE_18213
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  • Release Date : 28-May-2015
  • Region : Africa
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Robust improvement in consumption demand, generous government support, and improvement in public sector spending on infrastructure are expected to register steady growth in the Middle East and Africa in 2015. However, pragmatic macroeconomic policies to stabilize the global oil price fluctuations at $50to $60 per barrel in 2015 are likely to remain a key challenge to revenue growth of the Middle Eastern economies in 2015. Steady inflation in the region is likely to bolster healthy private consumption growth in 2015. Owing to a gradual shift of investment into non-oil sectors (especially manufacturing and financial sectors) the region is anticipated to witness around 5 percent growth in 2015.
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