Due to the dual shocks of the spread of the virus and lower oil prices, World Bank economists expect output of MENA to decline in 2020. This is in sharp contrast to the growth forecast of 2.6 percent published in October 2019. The growth downgrade of 3.7 percentage points is arguably a measure for the costs associated with the dual shocks of Covid-19 and the oil price collapse. These numbers are tentative. The true impact depends on future developments...
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INFORMATION
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2020/04/30
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Mémorandum économique sur un pays
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147545
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1
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1
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2020/04/30
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Disclosed
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Middle East and North Africa Economic Update, April 2020 : How Transparency Can Help the Middle East and North Africa
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