While the performance of the oil sector continues to be robust, backed by favorable oil prices, large government payment arrears to contractors and suppliers are weighing on output and employment in the non-oil sectors (construction and services) and eroding loan quality of the banks. The resulting marked slowdown in the non-oil sector growth and recent revisions in the WEO’s oil price forecasts meant that the program’s GDP growth, fiscal and external projections had to be revised relative to the first review.