Moody’s: economic prospects for 2018 positive for North Africa, weaker for GCC

摘要

Economic development 2018 forecasts for GCC and North Africa & Levant, being among the key steel consumingregions globally, are rather contradictive. While the Gulf area growth is expected to be limited amid still persisting fiscaldeficit problems as well and ongoing political tensions, the outlook for North African countries, which have beensuffering from the same issues, is more optimistic.