World Bank Adjusts Growth Forecasts in Arab Countries
The World Bank cut its growth forecast for the Middle East and North Africa (MENA) region to 3.4 percent this year from its previous forecast for October. Growth is likely to continue to recover to 4.15 percent in 2026.
The International Monetary Fund (IMF) abruptly lowered its forecast for the Egyptian economy in its Global Prospects report for the current fiscal year and next.
