The Middle East and North Africa's oil exporting countries will see economic growth accelerate in 2012
to 6.6 percent, mainly due to a strong rebound of activity in Libya, the International Monetary Fund said on Tuesday.
The forecast marked a rare upgrade in the IMF's semi-annual World Economic outlook report after it downgraded its expectations for global growth.
The IMF had forecast growth of 4.8 percent across the oil producing economies of the Middle East and Africa in its previous semi-annual review in April. Growth in 2011 was 3.9 percent.
However, it forecast that 2012 GDP in Iran, suffering from international sanctions over its disputed nuclear programme, would fall 0.9 percent to produce the country's first economic contraction since 1994. In April, it had forecast growth of 0.4 percent.
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