VOL. XLV

No 5

4-February-2002

GENERAL

IMF Marks Down Growth ForecastFor Some Middle East, North African Countries

TheInternational Monetary Fund (IMF) said in its December 2001 World EconomicOutlook that with the oil market weakening further since the 11 Septemberattacks on the US, the 2001-02 growth projections for a number of the MiddleEast and North African countries have been marked down from the levels reportedin the October report. However, despite the poorer economic conditions, some ofthe...