Apr 05, 2023
The report forecasts MENA’s GDP will slow to 3.0% in 2023, from 5.8% in 2022. Oil exporters will experience slower growth, but a large gap remains between high-income countries and the rest of the region.
Economic conditions continue to deteriorate, and the acute humanitarian crisis persists. The bifurcation of economic institutions by conflicting parties and uncoordinated policy decisions have further compounded the ...
Reshaping the Role of Governments toward Workers in the Middle East and North ...
Employment in countries in the Middle East and North Africa (MENA) has grown one percent per year on average within private sector firms, which is much lower than the five percent average among other middle-income peers. ...
Forecasting Growth in the Middle East and North Africa in Times of Uncertainty
This edition of the World Bank MENA Economic Update estimates that the Middle East and North Africa (MENA) region’s economies will grow by 5.2% in 2022, the fastest rate since 2016.