CATEGORY: OBG Business Barometer

Billy FitzHerbert
11 September 2019
OBG Business Barometer

International institutions expect 2019 to be a somewhat difficult year for Oman’s economy – back in April the World Bank said it anticipated GDP expansion of 1.2% for the sultanate in 2019, while in July the IMF revised its 2019 growth forecast to 0.3%, down from the 1.1% it had originally forecast. These sluggish outlooks have their origins in the crash in oil prices from mid-2014, from which the country – and indeed the region – has still not fully recovered. 

Souhir Mzali
5 September 2019
OBG Business Barometer

Tunisia’s business community remains cautiously optimistic about local business conditions in the next 12 months, with only 50% of the latest 2019 OBG Business Barometer: Tunisia CEO Survey respondents saying they have positive or very positive expectations. Not only is this figure down from the previous survey conducted in 2017, when 77% of CEOs were positive or very positive, but it also is low relative to our findings in other African markets. For instance, in Morocco and Egypt this figure stood at 73% and 95%, respectively, in our latest CEO surveys, while 73% of respondents in Côte d’Ivoire and 93% in Ghana had positive or very positive expectations.

Souhir Mzali
5 September 2019
OBG Business Barometer

Tunisia’s business community remains cautiously optimistic about local business conditions in the next 12 months, with only 50% of the latest 2019 OBG Business Barometer: Tunisia CEO Survey respondents saying they have positive or very positive expectations. Not only is this figure down from the previous survey conducted in 2017, when 77% of CEOs were positive or very positive, but it also is low relative to our findings in other African markets. For instance, in Morocco and Egypt this figure stood at 73% and 95%, respectively, in our latest CEO surveys, while 73% of respondents in Côte d’Ivoire and 93% in Ghana had positive or very positive expectations.