FX Invest Middle East: Further economic weakness ahead for Mena, warns World Bank
The economic growth outlook for the Middle East and North Africa (Mena) region is lower than expected, as a result of the widespread unemployment and political corruption that have resulted from the Arab Spring uprisings, a senior economist at the World Bank has warned.
“The Arab uprising surprised the world, even for those who have been observing the region for decades it was surprising. We have downgraded economic growth for the Mena region as a whole by about a percentage point for this year
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