Arab Monetary Fund expects economic growth of 2.3 percent for Arab countries

  • Arab Countries
  • 25 September 2018
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The Arab Monetary Fund launched the September edition of the “Arab Economic Outlook”, which includes an update of the prediction for economic growth and inflation trends in the Arab countries during 2018 and 2019.
According to the report, the world economy is expected to continue to grow at a relatively high pace during 2018 and 2019, taking advantage of the significant increase in investment activities that have had the greatest impact in supporting aggregate demand levels and the recent growth in international trade, which is expected to push up the global growth rate to about 3.9% in both 2018 and 2019.
In contrast, the performance of the Arab economies improved in 2018, benefiting from the increase in external demand levels, the increase in world oil prices, and the fruits of economic reform programs being implemented in a number of these countries.
The AMF estimated growth for Arab countries to rise to about 2.3% in 2018, and to remain unchanged for the coming year at about 3%.

Source: (Al-Sharq Al-Awsat newspaper, Edited)

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