VOL. XLIV

No. 03

15-January-2001

OPEC

ESCWA Predicts Healthy Middle East Economic Growth

The economic conditions in Middle Eastern countries covered by the UN Economic and Social Commission West Asia (ESCWA) are expected to improve through 2001, according to the ESCWA report Preliminary Overview of Economic Developments in the ESCWA Region In 2000 of 11 December 2000. Real GDP in the region as a whole, excluding Iraq, is projected to grow by 4% in 2001, a figure lower than the 5.1% growth seen in...