IMF: MENA economies to grow by 4.5% in 2010.

By bne IntelliNews April 22, 2010
According to a report by the International Monetary Fund (IMF), the economies of the MENA region will recover at a growth rate of 4.5% in 2010 given fiscal stimulus and improved monetary policy. However, it noted that the pace of recovery in advanced economies and the impact from the recent Dubai 's debt crisis were key downside risks and the outlook was therefore uncertain. The fund also pointed out that government investment programs, especially in infrastructure, will continue to increase domestic demand in the near term in many MENA countries.  

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