Figures published over the past week have provided the first signs of the hit to Saudi Arabia’s from lower oil prices; but we remain comfortable with our view that the dollar peg will remain intact. Meanwhile, the relaxation of measures put in place to contain the coronavirus looks set to be gradual and so the economic recovery will be slow going. Finally, tensions between Lebanon’s central bank and government will make it difficult to push through a plan to bring an end to the country’s economic turmoil.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services