Middle East Economic Survey


No 22



IMF Says Regional Oil Exporters Growth Remains Below Pre-Crisis Levels

Growth among regional oil exporters is expected to pick up in 2010 and 2011, amid strengthening oil demand and production increases, though not to pre-crisis levels, the IMF has said in its Regional Economic Outlook for May 2010. Such positive factors, the report says, are expected to be slightly offset by pressures in the banking system and low credit growth. We...