Results for Tag: Economy

132 results found.
Economy

Turkey remains highly dependent on imported oil and gas but is pursuing energy relationships with a broader set of international partners and taking steps to increase use of domestic energy sources including renewables, nuclear, and coal.

Economy of Tunisia

Gross domestic product (GDP) in 2015 was $43 billion, compared with $47.6 billion in 2014 and $46.2 billion in 2013. The International Monetary Fund (IMF) predicts that GDP in 2017 will grow by 2.8 per cent, compared with 1.5 per cent in 2016 and 0.8 per cent in 2015. GDP per capita in 2015 was $3,923. Inflation in 2017 is expected to be 3.9 per cent, compared with 3.7 per cent in 2016 and 4.9 per cent in 2015.

Economy of Syria

The World Bank has classified Syria’s economy as having a lower middle income level within the region Middle East & North Africa. Syria’s economy is essentially state-run, although it has remained partly private, as for example the retail trade businesses.

Economy

Oman is using enhanced oil recovery techniques to boost production, but it has simultaneously pursued a development plan that focuses on diversification, industrialization, and privatization, with the objective of reducing the oil sector’s contribution to GDP.

Economy

Unemployment remains a problem throughout the country despite a bloated public sector. Overregulation has made it difficult for Iraqi citizens and foreign investors to start new businesses. Corruption and lack of economic reforms – such as restructuring banks and developing the private sector – have inhibited the growth of the private sector.

Economy of Iran

Iran ranks second in the world in natural gas reserves and fourth in proven crude oil reserves. Economic activity and government revenues still depend to a large extent on oil revenues and therefore remain volatile.

Economy

In addition to addressing its current fiscal woes, Bahraini authorities face the long-term challenge of boosting Bahrain’s regional competitiveness — especially regarding industry, finance, and tourism — and reconciling revenue constraints with popular pressure to maintain generous state subsidies and a large public sector.