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MENA & GCC : Higher oil production to boost MENA growth to 5.5%

Source: Middle East Insurance Review | Sep 2012

The International Monetary Fund (IMF) has revised the MENA region’s 2012 growth to 5.5%, up by 1.3% from its April outlook of 4.2%, on the back of stronger growth as key oil-producing countries boost production and as Libya’s economy rebounds from conflict.

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