Middle East Economic Survey


No 39



IMF Sees Stalling MENA Growth In 2011

Commodity price movements and social unrest have adversely affected activity in some MENA economies, the IMF said on 20 September in its latest World Economic Outlook (WEO). High oil prices have boosted the fortunes of the regions oil exporters, but created challenges for oil importers. Real GDP growth in oil exporting economies is forecast to reach about 5% in 2011 and 4% in 2012, with...