Regional Economic Outlook Update: Middle East and Central Asia, January 2024: Middle East and North Africa: Conflict Compounding Economic Challenges

Author: International Monetary Fund. Middle East and Central Asia Dept.

The conflict in Gaza and Israel is yet another shock to the Middle East and North Africa. This Update discusses revised projections for the region.

Publication date: January 2024

ISBN: 9798400265525

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Topics covered in this book

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Exports and Imports , Inflation , Economics- Macroeconomics , International - Economics , Conflict in Gaza and Israel , MENA , oil production cuts , social unrest , regional outlook , monetary policy , fiscal policy , price stability , trade , nonfuel commodity price , headline inflation , oil exporter , emerging market , IMF staff calculation , Inflation , Oil exports , Current account balance , Oil prices , Fiscal stance , Middle East and Central Asia , Global , Middle East , North Africa , East Africa

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Regional Economic Outlook: Sub-Saharan African (Spring 2007-Supplement)

Summary

The conflict in Gaza and Israel is yet another shock to the Middle East and North Africa (MENA) region. It is causing immense human suffering and exacerbating an already challenging environment for neighboring economies and beyond. This Update covers economies in the MENA region and does not discuss developments in Israel. It discusses the updated outlook for the region, risks, and policy recommendations.