The global economy is in its third year of deceleration amidst declining inflation and oil prices. The MENA region grew at 1.9 percent in 2023 and is forecasted to grow at 2.7 percent in 2024. And for the first time since the pandemic, MENA oil exporters and importers will grow at similar rates. The tragedy of the conflict in the Middle East has increased uncertainty. Rising debt leaves many countries in the region exposed. This report unpacks the...
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2024/04/01
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Report
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189215
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1
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2024/04/15
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Disclosed
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MENA Economic Update, April 2024 : Conflict and Debt in the Middle East and North Africa
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