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Global Economic Outlook

Middle East and North Africa Outlook Update: Politics Breed Divergence

By Ayah El Said and Rachel Ziemba

GCC far outpaces the rest of MENA, with the Maghreb[1] and the Levant[2] barely growing due to slumps in countries most affected by political unrest. Expansionary fiscal policy will be the main growth driver across the region, as subsidy and wage hikes support consumption and infrastructure investment lags. These[...]

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