VOL. XLIV

No 33

13-August-2001

MIDDLEEAST

MiddleEast Economies Remain Vulnerable To Oil Price Fluctuations Says IMF

Termsof trade volatility remains a serious issue of concern in the Middle East,where oil price fluctuations continue to dominate economic developments,according to the latest issue of the International Monetary Funds World EconomicOutlook. The latest issue, covering Fiscal Policy and MacroeconomicStability and dated May 2001, notes that terms of trade for the region havesoared by...