VOL. XLI

No. 19

11-May-1998

GENERAL

World Bank Sees Four MENA Countries Pulling Ahead

The Middle East and North Africa (MENA) region has "fantastic growthpotential" according to Mr. Kamal Dervis, Vice-President of the World Bank MENAregion, although two important challenges remain. Firstly, not all MENA countries havetaken advantage of opening up to the international financial system. And secondly, MENAgovernments need to reform themselves by withdrawing from certain activities - by reducing...