Middle East

As MENA’s Economic Prospects Strengthen, Will Uncertainty Around PPPs Fade?

Following years of oil price-driven fiscal deficits, the latest data suggests growth in the MENA region is due to pick up in 2018 and 2019 – but will those renewed growth prospects lead governments to reconsider moving forward with a raft of critical projects that many were forced to delay? Analysts are optimistic, but whether those projects are financed through PPPs or more traditional procurement strategies – and the extent to which they can attract private funding – remains to be seen.