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IMF says inflation to slow growth across Mideast this year

Por: Associated Press Business May 03, 2023

DUBAI, United Arab Emirates (AP) — Economies across the Middle East and Central Asia will likely slow this year as persistently high inflation and rising interest rates bite into their post-pandemic gains, the International Monetary Fund said Wednesday. The IMF’s Regional Economic Outlook blamed in part rising energy costs, as well as elevated food prices, for the estimated slower growth. The report said that while oil-dependent economies of... + full article



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