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Economic forecast for MENA remains strong

Posted on 09 December 2008

From Arabnews.com: In light of the global financial crisis, several parties started to question the ability of MENA region economies to stay solid and continue on their growth trajectory.

We strongly believe that the region enjoys a solid economic base with robust fundamentals; the IMF has recently issued revised estimates of various economic indicators for countries across the globe, most developed economies growth expectations were cut significantly estimating that many of them will face recession in the 4th quarter of this year and in 2009 while others will achieve growth rates marginally above zero…. Full Article: Source

 
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