IMF Sees 1.3 Percent Drop in MENA Output
The IMF forecasts a 1.3 percent economic contraction across the Middle East North Africa and Pakistan this year due to regional conflict. Output is expected to rebound by 6.6 percent in 2027 assuming trade normalizes.
Xurve View
Insights:
Xurve View
The International Monetary Fund forecast a 1.3% economic contraction across the Middle East, North Africa, and Pakistan on Thursday. The downturn stems from an ongoing conflict involving the United States, Israel, and Iran.
