Amid rising tensions in the Middle East and North Africa (MENA), the IMF has adjusted its economic forecasts, projecting a subdued growth rate for the region.
A senior official from the IMF highlighted the impact of the persistent conflicts in Gaza and Sudan, alongside recent reductions in oil outputs by Gulf countries, as central factors influencing the region's economic stability.
The latest IMF regional economic outlook report now anticipates a 2.7 percent growth rate for MENA in this year and remains hopeful for a rebound in economic growth next year.
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