Middle East Economic Survey


No 17



IMF Echoes Call For MENA Structural Reform, Highlights Spending Opportunities

The IMF in its latest World Economic Outlook published on 13 April echoes the World Banks call for the MENA region to take advantage of the high oil price environment to push through structural reforms. The IMF projects regional growth at 5% for 2005, and possibly even higher as oil prices remain above its forecast price assumptions. High oil prices are...