| Recent Macroeconomic Developments and Prospects |
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Highlights Background |
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Recent Economic Developments |
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Economic Outlook |
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World economic outlook |
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Outlook for the region |
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Policy Issues |
| Boxes |
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1. |
What is Behind the Growth Boom in the Caucasus and Central Asia? |
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2. |
Paradox of Depreciating Real Effective Exchange Rates in GCC Countries |
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3. |
Islamic Bonds |
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4. |
Lebanon—Recovery from Conflict |
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5. |
The Fund's Role in Post-Conflict Countries in MCD |
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6. |
Oil Income in the Middle East and Central Asia—An Update |
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7. |
Financial Sector Reforms and Financial Integration in Maghreb Countries |
| Text Figures |
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1. |
Global Real GDP Growth |
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2. |
Real GDP Growth in MCD |
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3. |
External Current Account Balance |
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4. |
Non-Oil Commodity Prices |
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5. |
Gross Official Reserves |
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6. |
Central Government Fiscal Balance |
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7. |
Total Government Debt |
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8. |
Counterparts to Money Supply |
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9. |
Credit to the Private Sector |
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10. |
Consumer Price Index |
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11. |
Nominal Effective Exchange Rates |
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12. |
Real Effective Exchange Rates |
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13. |
Selected MCD Countries Stock Market Indices |
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14. |
Global Outlook |
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15. |
Expected Brent Crude Oil Prices |
| Statistical Appendix |
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Data and Conventions |
| Tables |
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1. |
Real GDP Growth |
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2. |
Nominal Gross Domestic Product |
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3. |
Hydrocarbon and Non-hydrocarbon Real Growth for Oil Exporters |
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4. |
Crude Oil Production and Exports |
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5. |
Consumer Price Index |
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6. |
Broad Money |
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7. |
Central Government Fiscal Balance |
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8. |
Central Government Total Revenue Excluding Grants |
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9. |
Central Government Non-Oil Fiscal Balance |
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10. |
Central Government Non-Oil Revenue |
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11. |
Central Government Total Expenditure and Net Lending |
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12. |
Total Government Debt |
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13. |
Export of Goods and Services |
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14. |
Import of Goods and Services |
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15. |
Current Account Balance (in billions of U.S. dollars) |
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16. |
Current Account Balance (in percent of GDP) |
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17. |
Real Effective Exchange Rates |
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18. |
Gross Official Reserves |
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19. |
Total Gross External Debt |