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World Bank raises 2025 growth outlook for Middle East to 2.8% - Times Kuwait
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World Bank raises 2025 growth outlook for Middle East to 2.8% - Times Kuwait
The World Bank has raised its 2025 growth forecast for the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region to 2.8%, up from 2.6% projected in April, citing stronger economic activity in Gulf countries and a faster-than-expected easing of oil production cuts by the OPEC+ alliance. The Washington-based institution noted that the region’s growth will be supported by the gradual unwinding of oil supply restrictions and a robust e…
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