Middle East Monitor

Comprehensive country-by-country macroeconomic analysis, risk appraisals, latest market data and forecasts for the Middle East

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Key stories from this month's issue...

Economic Analysis - Despite Improvement, Current Account Still Major Risk - JUNE 2016

East Med April 2016 / Turkey / Economy

Turkey's current account rebalancing will run its course in 2016 as oil prices bottom, with the deficit remaining one of the largest among major emerging economies at just under 5.0% of GDP. Heightened political risks, loose monetary policy and weak global risk appetite will keep capital flows volatile and financing risks elevated.

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Economic Analysis - Rising Headwinds To Slow Growth - JUNE 2016

Gulf April 2016 / Oman / Economy

Tightening liquidity conditions, public spending cuts, and weak export growth will present headwinds for Oman's economy and corporate sector over 2016. Growth will weaken to 2.3% in real terms, compared to the annualised rate of 4.0% recorded between 2010 and 2014.

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