North Africa
Oil reliance will fall in Middle East and North Africa
Dependence on oil and gas revenues has fallen in the Middle Eastern and North African hydrocarbon-rich states since 2010
Middle EastMiddle East and North Africa face rising tax issues
Personal income tax take by regional governments is very weak due in part to the size of the informal economy
Middle EastMiddle East currency weakness will fuel inflation
The currencies of Egypt, Iran, Iraq, Lebanon and Syria have weakened sharply since September; Turkey’s is still exposed
Middle EastDebt strains will rise in Middle East and North Africa
External debt indicators have worsened in past decade in some Middle Eastern and North African countries
Middle East
