Oil export revenues should help to increase government revenue and the current account surplus, even though oil prices remain low. Foreign investment is also expected to pick up strongly in the near term, especially in infrastructure projects, but the country’s medium-term growth is limited by significant domestic bottlenecks and restrictive business conditions. Inflation is likely to exceed the central bank’s single-digit target due to supply-side bottlenecks and pent-up consumption demand released by renewed access to global markets. Examples of such measures include reductions in the bank reserve ratio and the interbank rate, $200 million in deposits in the export promotion bank to support non-oil exports and a plan to develop a public debt market. The role of fiscal policy would be constrained by low oil prices.