Food and Fuel Crisis
Regional Economic Outlook
Mideast Faces Lower Growth Prospects, Needs Bold Policies
The near-term economic outlook for the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region has weakened, the IMF said in its latest regional assessment. The IMF's Regional Economic Outlook for the region, released November 12, projects growth to decline to 2¼ percent this year and to pick up in 2014 as global conditions improve and oil production recovers (see table).