MENA & GCC: IMF lowers MENA growth forecast to 3.1% on oil output, political change
Source: Middle East Insurance Review | Jun 2013
The International Monetary Fund (IMF) expects the combined GDP of the MENA region to expand 3.1% this year, down from its October growth forecast of 3.6%, due to a decline in oil production growth among exporting countries and ongoing political transition in some oil-importing nations.
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