Table of Contents
A pick-up in activity in H2 resulted in GDP
growth of 2.9% in 2016, and expansion of 3% a year is still in prospect for
2017-20 as the EUR550m IMF facility opens up other
multilateral funding that enables the wide current account deficit to continue
and small fiscal deficits to return. IMF and EU conditions will force
constituent governments to cooperate on administrative and other reforms,
providing an environment for export-led private business growth. The 2015-16
price deflation is now ending, with modest inflation returning but staying broadly
in line with the EU average.
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302