Iran/Iraq/Yemen: Faltering performance
Among non-GCC economies, Iran is expected to sink further into recession in 2019 by the International Monetary Fund, which predicts a 6% contraction for this year as US sanctions continue to bite. Previously, the IMF had predicted the Islamic Republic’s economy would shrink by 3.6%. The forecast for Iraq’s GDP growth rate has been cut from 6.5% to 2.8%, which – alongside the UAE –would still make it the best-performing this year of the economies in the GSN region.
Identify problems, mitigate risks
Reveal opportunities, minimise threats
Obtain a true picture of risks and opportunities
Improve performance, achieve results