The decline in oil price and the volatility we saw in the market are leading to an expected deficit of 7.9 percent, we expect the situation to improve in 2020 to 5.7 percent.

Jihad Azour

Categorized in : Company News

We expect non-oil growth to be at 2.6 percent this year and 2.9 percent for 2020, based on the early assessment of the (IMF) team, we think there are upside risks, i.e. growth could be slightly higher than the one we have in our projections.