Rising inflation leads to more risk
Source: Middle East Insurance Review | Jul 2022
The latest economic projections for the MENA region forecast an uneven recovery as regional averages mask broad differences. Oil producers will benefit from higher prices and vaccination rates as fragile countries lag. But tighter global monetary policy, the unpredictability of the pandemic and its future, ongoing supply chain disruptions and food price hikes combine to raise inflation risks for the entire region.
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