MENA Monitor : Economic Pressures Mount
In 2013, Middle East and North Africa (MENA) regional growth is expected to slow to 3.8 percent from 6.1 percent in 2012. Growth deceleration into 2013 reflects a return to more sustainable growth in oil exporting countries, which reached 7.4 perce...
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Format: | Brief |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2013/05/17776091/mena-monitor-economic-pressures-mount http://hdl.handle.net/10986/20568 |
Summary: | In 2013, Middle East and North Africa
(MENA) regional growth is expected to slow to 3.8 percent
from 6.1 percent in 2012. Growth deceleration into 2013
reflects a return to more sustainable growth in oil
exporting countries, which reached 7.4 percent in 2012.
Egypt's growth is expected to weaken relative to 2012,
but in other oil importing countries economic activity is
expected to expand faster than in 2012. This outlook is
subject to a variety of risks. Political instability, policy
uncertainty, and weakened macroeconomic fundamentals are the
key challenges facing developing MENA countries. Slow growth
in Europe poses additional problems, especially for Morocco
and Tunisia. |
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