Search Results

You are looking at 1 - 10 of 115 items for :

  • "MENAP region" x
Clear All
International Monetary Fund. Middle East and Central Asia Dept.

The near-term economic outlook for the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region has weakened. Difficult political transitions and increased regional uncertainties arising from the complex civil war in Syria and the ongoing developments in Egypt weigh on confidence in the oil-importing countries. Meanwhile, domestic supply disruptions and weak global demand are reducing oil production, notwithstanding recent upward pressure on oil prices arising from increased geopolitical risks. Growth in the MENAP region is expected to decline to 2

International Monetary Fund. Middle East and Central Asia Dept.

The near-term outlook for the MENAP region is dominated by geopolitical and oil price developments. Regional uncertainties arising from the complex conflicts in Iraq, Libya, Syria, and Yemen are weighing on confidence. Low oil prices are also taking a toll on economic activity in the oil-exporting countries. Oil importers are benefiting from lower oil prices as well as economic reforms and improved euro area growth. Overall, MENAP growth this year will continue to be modest at 2½ percent, ½ percentage point below the IMF’s May 2015 projections. Economic

International Monetary Fund. Middle East and Central Asia Dept.

’ medium-term reform agendas. MENAP Region: Selected Economic Indicators, 2000–17 (Percent of GDP, unless otherwise indicated) Average Projections 2000–10 2011 2012 2013 2014 2015 2016 2017 MENAP 1 Real GDP (annual growth) 5.3 4.4 4.8 2.5 2.7 3.9 4.5 4.4 Current Account Balance 8.7 13.2 12.7 10.0 7.8 6.2 5.1 4.2 Overall Fiscal Balance 3.1 1.7 2.6 0.0 −1.0 −1.4 −1.6 −2.1 Inflation, p.a. (annual growth) 7.0 9.3 10