IMF-Regional Economic Outlook-Middle East and Central Asia-October 2023
October 12, 2023--Building Resilience and Fostering Sustainable Growth |
Growth is set to slow this year in the Middle East and North Africa region, driven by lower oil production, tight policy settings in emerging market and middle-income economies, the conflict in Sudan, and other country-specific factors. In the Caucasus and Central Asia, although migration, trade, and financial inflows following Russia's war in Ukraine continue to support economic activity, growth is set to moderate slightly this year. |