Middle East Economic Survey

VOL. XLVIII

No 50

12-December-2005

SUPPLY/DEMAND

G7 Finance Ministers See Global Economic Growth Solid But Slowed By High Oil Prices

Overall global growth remains and should continue to be solid although slowed by high and volatile oil prices, G7 finance ministers and central bank governors said in a statement released after their meeting in London on 2-3 December. Risks include rising protectionist sentiment, the possibility of increasing inflationary pressures and...