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Middle East countries must do more to recover, say IMF event panelists

While oil producing countries are projected to benefit from a windfall due to high energy prices, for others the coming years "will be more challenging than ever."
Panelists including Jordan’s Finance Minister, Emirates NBD’s Chief Economist, and the International Monetary Fund (IMF) Middle East and Central Asia Department Director, discuss the IMF’s newly released Middle East and North Africa outlook report on October 31, 2022.

DUBAI — Increasingly high commodity prices, rising inflation and tightening financial policies characterized the regional outlook of the International Monetary Fund (IMF) at its first in-person event in three years on Monday, co-hosted at the Dubai International Financial Center. 

“We have to expect that the next couple of years will be more challenging than ever,” said Jihad Azour, director of the Middle East and Central Asia Department at the IMF. 

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