Office of the Chief Economist - Middle East & North Africa

April 14, 2022

A New State of Mind : Greater Transparency and Accountability in the Middle East and North Africa

This edition of the World Bank MENA Economic Update estimates that the Middle East and North Africa (MENA) region’s economies will grow by 5.4% in 2022, the fastest rate since 2016. Yet this growth is uneven, as many countries struggle to overcome the lasting effects of the pandemic, added pressures from skyrocketing oil and food prices brought on by the war in Ukraine, high global interest rates, and slowdowns in the United States, China, and the Euro area. Titled “A New State of Mind: Greater Transparency and Accountability in the Middle East and North Africa,” the report also looks at the upside of improving governance and how putting institutions on a learning path can better prepare for future challenges.

Last Updated: Oct 05, 2022

Countries in the Middle East and North Africa possess all the ingredients they need to leapfrog into the digital future. Their well-educated youth have already adopted new digital and mobile technologies, but, this is still in its infancy. Seizing the opportunities that the digital economy offers the MENA region will require a big push. Policymakers will need to work on multiple fronts. The sooner they start, the greater the chance that today’s young people can overcome economic exclusion and gain more opportunities to realize their—and their region’s—full potential.

World Bank Group


The MENA Chief Economist Seminar Series is a regular event organized to shed light on and debate the latest research relevant to the Middle East and North Africa. The MENA Chief Economist Seminar Series are held in the World Bank offices in Washington, DC and are open to the public. If you’d like to attend, please send a request to


MENA Chief Economist Seminar Series




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