VOL. XLIII

No. 02

10-January-2000

MENA

ESCWA Upbeat On Prospects For Economic Growth In The Region

The latest report issued by the Economic and Social Commission for Western Asia* (ESCWA) suggests that developments in the region are likely to be positive in the coming year as countries benefit from a rebound in oil prices, more prudent fiscal and monetary policies, structural reform measures and the prospects of increased Foreign Direct Investment (FDI). According to ESCWAs Preliminary Overview...