Middle East Economic Survey
VOL. LII
No 17
27-Apr-2009
REGIONAL/GCC
Middle East Economies Hit By Plummeting Commodities Prices, Says IMF
Middle Eastern economies are suffering from the global recession, and in particular from plummeting commodity prices along with financial strains and weak export demand, according to the latest IMF World Economic Outlook, published on 22 April. The current downturn is affecting all economies globally, says the report, with global activity expected to contract by...
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