아프리카ㆍ중동

Growth and fiscal consolidation are slowing down. Gross domestic product (GDP) growth slowed to 2.6 per cent year-on-year in the first half of 2019, mainly due to a drop in agricultural production. Meanwhile, fiscal consolidation continued at a slower pace and unemployment remains high among young people and women, particularly in urban areas.

A multi-year privatisation programme is under way. The privatisation programme aims to improve the performance of state-owned enterprises (SOEs) and governance in the public sector, thus leading to further incentives for public-private partnerships.

Structural reforms are advancing. The authorities recently accelerated the implementation of business reforms, enhanced competition, lowered hiring costs, and boosted financial and gender inclusion.