International Monetary Fund

Please send us your feedback

Middle East Presentation in Cairo, Egypt

 Share This

Prospects and Challenges for the Global Economy and the Middle East, North Africa

October 25, 2011

The oil-importing countries of the Middle East and North Africa face a difficult period ahead. The weak global economy will weigh on these countries' short-term growth prospects, compounding the negative impact of domestic political uncertainty and security concerns on economic activity. A key challenge is to boost confidence and lift uncertainties. The long-term outlook remains positive, however, as the Arab Spring has brought about renewed opportunities to achieve significantly higher and more inclusive growth in the medium term.