Middle East Economic Survey

VOL. LIV

No 5

31-Jan-2011

REGIONAL

IMF Trims MENA Growth Forecast For 2011

While the IMF marginally increased its forecast for world growth to 4.4% for this year, it trimmed predictions for MENA from the levels it reported in its October 2010 World Economic Outlook. The IMF said that it now sees MENA output increasing 4.6% this year and 4.7% in 2012, down 0.5% and 0.1% respectively from its October projection. World output was revised up 0.2% for 2011, reflecting...