The medium-term economic outlook is positive, as the Government’s strategy of positioning the country as a regional trade, logistics, and digital hub gains traction. GDP growth is expected to reach 7.0 percent in 2019 before accelerating to 8.0
percent in 2020-2023. Growth will be supported by exports of transportation, logistics, and telecommunication services, as the country harvest dividends from its ambitious investment program. Over the medium term, the gradual emergence of non-traditional exports, mainly light manufacturing from the export-processing zones will increase value-added.
To read the full piece from The World Bank, click here.