Economy
Morocco
Our global team's medium-term EUR/US$ view suggests that the upside seen last week for the Moroccan dirham and Tunisian dinar will be short-lived. Indeed, as the chart shows, the...
2010-03-18Tunisia
Tunisia continues to respond well to the challenge posed by external conditions, although real GDP growth will remain below trend in 2010. The government is banking on continued...
2010-02-12Morocco
A more modest agricultural harvest will lead to slower GDP growth in Morocco in 2010, even as demand for exports begins to improve. That said, growth will remain fairly robust, bolstered...
2010-02-11Algeria
We are forecasting real GDP growth of 3.0% in Algeria in 2010 - a relatively robust figure in light of global conditions but one that masks Algeria's ongoing economic stagnation....
2010-02-10Libya
The combination of economic reform and heavy investment spending should ensure healthy real GDP growth in Libya over the next five years. However, political risk is ever present,...
2010-02-10Tunisia
We estimate that Tunisia's current account deficit shrank to 2.7% of GDP in 2009, down from a confirmed 7.0% of GDP shortfall in 2008. We are pencilling deficits of 2.9% and 2.8%...
2010-01-04Algeria
We forecast that after turning out a large budget deficit in 2009, equivalent to 13.6% of GDP, higher global oil prices and rising hydrocarbon output will see the government's fiscal...
2010-01-04Libya
Having briefly dipped into negative territory in September 2009, consumer price inflation came in at 1.5% y-o-y in November. We expect price pressures to remain relatively subdued...
2010-01-04
