Middle East Economic Survey

VOL. LIII

No 19

10-May-2010

REGIONAL

Maghreb Economies Unscathed By Global Crisis, Says IIF

The Maghreb countries (Algeria, Morocco, Libya, and Tunisia) have emerged from the global economic recession and financial crisis relatively unscathed, the Institute of International Finance (IIF) said in Aprils Maghreb Regional Overview. The financial sector escaped undue stress, and credit growth in 2009 remained relatively high (9-16%) compared with other countries in the...