아프리카ㆍ중동

Program implementation continues to be strong, with all end-December 2019 quantitative performance criteria (QPCs) and the structural benchmarks (SB) under review being met. Economic activity is expected to decelerate sharply in 2020 due to the COVID-19 pandemic. The authorities have prepared a response plan of 1.7 percent of GDP to contain health risks and support the economy. As a result of the projected revenue shortfall and the new measures, the 2020 fiscal deficit is revised upward to 3.5 percent of GDP.