Economic growth across the Middle East could take a significant hit because of the political upheaval roiling the region, a senior analyst at credit agency Moody's Investors Service said Monday.
Tristan Cooper, the firm's head analyst for regional sovereign ratings, said as much as 2 percentage points of economic growth could be wiped out this year.
"Now that we've seen this political turmoil erupt in the region, it's likely that the economic growth trajectory will have been altered quite significantly," he said at a conference in Dubai.
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