North Africa

Monthly political risk, economic forecasts and business environment analysis on each country market

Latest North Africa Analysis

Economic Analysis - Structural Adjustment Will See Borrowing Costs Fall - JUNE 2017

A drastic reduction in subsidy payments, coupled with a steady uptick in revenues as real GDP growth improves, will see Egypt's fiscal deficit steadily reduce over the next several years. This is in line with a broader economic readjustment in the wake of its 2016 IMF deal which will see investor sentiment towards the country improve and borrowing costs diminish.

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Macroeconomic Forecasts - Algeria - JUNE 2017

In line with our belief that Egypt's economy has turned a corner, the country's purchasing managers' index (PMI) reading came in at the 50 level which separates expansion from contraction in Februa...

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