The IMF has downgraded its growth projections for the Middle East and Central Asia this year due to the US Iran conflict. GCC countries are now expected to face negative overall growth in 2026, with Oman the only exception. Jihad Azour, IMF’s Director for Middle East & Central Asia Department spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on their regional outlook. (Source: Bloomberg)
The IMF has downgraded its growth projections for the Middle East and Central Asia this year due to the US Iran conflict. GCC countries are now expected to face negative overall growth in 2026, with Oman the only exception. Jihad Azour, IMF’s Director for Middle East & Central Asia Department spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on their regional outlook. (Source: Bloomberg)
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