News Middle East31 Jan 2022

MENA:Energy importers in the region to be hit by higher deficits and inflation

| 31 Jan 2022

Higher oil prices are set to lead to higher twin deficits and inflation in most Fitch-rated energy importers in the Middle East and North Africa (MENA), Fitch Ratings says in a new report. Most MENA ex-GCC sovereigns are net importers of hydrocarbons.

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