With a population of 355 million and the vast majority of people living in middle-income countries, the MENA region came into the Arab Spring with multiple strengths, including a young and educated population, strong resource base, and economic resilience that helped it weather the 2008/9 global financial crisis.
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January 27, 2015 — Although Iraq experienced high economic growth between 2007-2012, poverty fell by only 4% points. A new World Bank Group report highlights the main barriers to poverty reduction and inclusion in Iraq, and recommends policy priorities and actions for enhancing the welfare of Iraq’s citizens.Read More »
January 21, 2015 — World Bank Group approves US$8.5 million to support the Palestinian Authority (PA) in maintaining delivery of healthcare services and building resilience to withstand future surge in demand.Read More »
January 13, 2015 — Economic growth in the developing countries in MENA recovered to 1.2% in 2014 from 0.5% in 2013, and is expected to reach 2.5% this year, according to the newly launched Global Economic Prospects Report.Read More »