Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

March 12, 2018

Electronic Access:

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Summary:

Growth has recovered and should reach 4.4 percent in 2017, although non-agricultural activity remains subdued. Inflation is low and well-anchored. The fiscal deficit is expected to decline to 3.5 percent in 2017 and public debt is sustainable. The current account deficit is projected to decline moderately and international reserves are at a comfortable level. Job creation has improved, but social tensions have increased in 2017, and much remains to be done to reduce structural unemployment, especially for the young, and to promote higher and more inclusive growth.

Series:

Country Report No. 18/75