Tuesday 21 May 2013

IMF calls for more Middle East reforms as oil revenues fall - FT.com

"The IMF has reiterated calls for economic reform across the Middle East and North Africa as states in political transition after the Arab spring struggle to maintain economic stability and the oil-exporting Gulf faces a dip in hydrocarbons revenues.
In its annual regional economic update, the IMF on Tuesday said a moderate increase in oil-importing countries’ economic growth would “not be sufficient to begin making sizeable inroads into the region’s large unemployment problem”."

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