Sarah
04-14-2023, 10:15 AM
Growth of the real GDP in the Middle East and North Africa (MENA) region is projected to slow this year to 3.1 percent from 5.3 percent in the previous year, announced Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour.Azour added that inflation is forecast to remain unchanged at around 15 percent this year before declining modestly in 2024.In a videoconference attended by Asharq Al-Awsat, Azour explained that the MENA countries face four challenges this year, which are dealing with the effects of inflation, global uncertainty,
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