Growth rates in Arab countries are expected to slump in the wake of a wave of pro-democracy protests, the chairman of the Arab Monetary Fund told a meeting in Doha on Thursday.
Countries hit by protests which toppled autocratic leaders in Tunisia and Egypt earlier this year "will see a slump if not a contraction in growth rates," Jasem al-Manaie said at a meeting of governors of Arab central banks.
"The reluctance of foreign investment and continued pressure on reserves and currencies combined with the possibility of increased unemployment... will increase the financial burdens on these countries," he warned.
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