Middle East Economic Survey
VOL. LII
No 42
19-Oct-2009
REGIONAL
Regional Oil Earnings To Rebound Markedly In 2010, Says IMF
The oil earnings of MENA, Afghanistan and Pakistan (MENAP) region oil exporters will rebound markedly in 2010 after a slump in 2009, the International Monetary Fund (IMF) forecasts. The oil component of gross domestic product (GDP) will drop 3.5% this year then climb 4.4% next year, while non-oil GDP will remain more stable growing by 3.2% in 2009 and a slightly higher 3.9% in...
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