Tuesday, May 15, 2018

Higher oil prices will widen the current account surplus from 2.5% of GDP in 2017 to 9.6% in 2018.The fiscal deficit, including investment income, will narrow from 5.6% of GDP in 2017 to 2.0% in 2018.Net public foreign assets will resume its rise to $2.6 trillion, equivalent to 110% of GDP in 2018.

IIF Authors

Garbis Iradian

Garbis
Iradian
Head of MENA Research
+1-202-857-3304
giradian@iif.com

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