IMF trims Mena growth forecast - The National

The IMF dimmed its growth outlook for the Middle East and North Africa this year, one of several regions where it lowered its forecast in the face of tail risks to the global economy.

Output in the Mena region would reach 3.4 per cent, down 0.2 per cent from its previous forecast in October, the fund said in an update yesterday to its World Economic Outlook report. This follows growth of 5.2 per cent last year.

"In the Middle East and North Africa region, many countries will need to maintain macroeconomic stability under difficult internal and external conditions," said the IMF.
IMF trims Mena growth forecast - The National