Economic growth in the Middle East and North Africa (MENA) is forecast to be "uneven and insufficient" this year, as oil exporters benefit from surging prices while higher food prices hit the whole region, the World Bank said on Thursday.
The war in Ukraine is also disrupting supplies and fuelling already-high inflation, it said.
GDP in the region is forecast to rise 5.2% this year after an estimated 3.3% expansion last year and 3.1% contraction in 2020, the World Bank said in a report, noting its own and others' forecasts had been overly optimistic in the past decade.
"Even if this high growth rate for the region as a whole materializes in this context of uncertainty, and there's no guarantee that it will ... (it) will be both insufficient and uneven across the region," Daniel Lederman, World Bank lead economist for the MENA region, told Reuters.
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