Middle East Economic Survey


No 41



IMF Sees Oil Price Rebound Leading MENA Growth In 2010-11

The rebound in oil prices has impacted both oil exporters and importers in the MENA region in ways that should see them experience robust growth in 2010 and 2011, the IMF said in its World Economic Outlook for October. The IMF projects a 4.1% average growth rate for the region as a whole this year, with an increase to 5.1% in 2011. Oil exporters, buoyed by rapid and...