Published 3 years ago

IMF sees economic growth with higher inflation for Mideast

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Yahoo News

IMF sees economic growth with higher inflation for Mideast

The Middle East is expected to see significant economic growth this year, but also soaring inflation and food prices, as coronavirus vaccines are unevenly rolled out across the region, the International Monetary Fund said Tuesday. The lender's new report projects the region's economies will grow by around 4%, while inflation will reach 17% this year in oil-importing countries. It said the situation is particularly dire in countries already fac…

3 years ago·Los Angeles, United States

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Associated Press News

IMF sees economic growth with higher inflation for Mideast

DUBAI, United Arab Emirates (AP) — The Middle East is expected to see significant economic growth this year, but also soaring inflation and food prices, as coronavirus vaccines are unevenly rolled out across the region, the International Monetary Fund said…

3 years ago·United States

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abc News

IMF sees economic growth with higher inflation for Mideast

The International Monetary Fund says the Middle East is expected to see significant economic growth this year of around 4% after the turmoil wrought by the coronavirus pandemic

3 years ago·United States

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KRDO

IMF sees economic growth with higher inflation for Mideast

By AYA BATRAWY Associated PressDUBAI, United Arab Emirates (AP) — The International Monetary Fund says the Middle East is expected to see significant economic growth this year of around 4% after the turmoil wrought by the coronavirus pandemic. The IMF’s report Tuesday added that food prices are poised to soar in oil-producing countries. That coincides with inflation projected to reach 17% this year as vaccine rollouts remain uneven across the re…

3 years ago·Colorado Springs, United States

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IBTimes

Social Unrest Threatens Mideast Economic Recovery: IMF

The Middle East and North Africa is on track for a recovery, but rising social unrest is threatening the "fragile" progress of low-income economies, the International Monetary Fund said Tuesday. The MENA region, which includes Arab countries and Iran, saw real GDP growth shrink by 3.2 percent in 2020 due to weak oil prices and sweeping lockdowns to halt the spread of the coronavirus.

3 years ago·United States

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Arab News

Mideast economy recovering but social unrest on the rise: IMF

Author: Tue, 2021-10-19 13:03 The Middle East and North Africa is on track to economic recovery, but rising social unrest and unemployment are threatening to hinder "progress", the International Monetary Fund said Tuesday. The MENA region, which includes the Arab countries and Iran, saw its real GDP growth shrink by 3.1 percent in 2020 due to lower oil prices and sweeping lockdowns to prevent the spread of the coronavirus. But with rapid …

3 years ago·Riyadh, Saudi Arabia

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