아프리카ㆍ중동

Real GDP growth is projected to strengthen to 4.1% in 2025 and 3.8% in 2026. Despite the on-going drought, private consumption growth should pick-up, supported by higher real incomes. The new Investment Charter and surging FDI inflows will support investment, industrial production, and export growth. Tourism will continue to grow strongly. Inflation has slowed considerably in 2024 reflecting declines in energy prices, though a mild upturn in headline inflation is expected after April 2025 given the ongoing partial withdrawal of butane gas subsidies. A prolonged period of drought could continue to weigh on agricultural output, rural employment, and household incomes.