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  • Iraq – Security situation worsens - Updated Wed October 9, 2013

    • We revise our GDP growth forecast down on oil output, which is constrained by the operating environment • The security situation has worsened substantially in recent months • Oil potential remains vast but thwarted for now ...

  • Bahrain – Oil is the focus - Updated Wed October 9, 2013

    • The non-hydrocarbon sector continues to show subpar metrics • Moody’s has downgraded Bahrain again • Refinery output capacity should rise by 38% ...

  • Nigeria – Policy choices - Updated Tue March 26, 2013

    • Despite a modest planned increase in 2013 spending, budget oil-revenue assumptions are still optimistic • Augmentation of revenue from Nigeria’s Excess Crude Account is still possible • Calls for greater monetary easing, given near-term growth c...

  • Uganda – A slow recovery - Updated Tue March 26, 2013

    • Gradual recovery in real GDP looks likely in 2013 • Inflation concerns mean the policy rate should remain on hold until 2014 • Oil will provide a long-term boost to growth, but production is still several years away ...



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In Media

Global Focus - The world in transition

The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility. In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.