Emerging Markets Economics

Frontier Markets Monthly Wrap

26 January, 2018

Oil exporters take mixed approach to higher oil prices

The recent rally in oil prices has brightened the outlook for the majority of frontier oil exporters. In the Gulf, for example, higher oil prices and strong balance sheets have enabled the authorities to ease back on the harsh fiscal austerity of the past few years. The Saudi government has announced a raft of bonuses for public sector workers which will help to propel the economy out of recession this year. At the same time, neighbouring Bahrain has postponed the introduction of fresh austerity

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.