External shocks, such as COVID, Ukraine war and rising costs have exacerbated economic disparities, while geopolitics hinders effective global decision-making, says an expert.
Ukraine war to hit MENA’s poor nations, boost oil-producers: IMF
The International Monetary Fund's 2022 growth forecast for the region, which includes Arab countries and Iran, was forecast at 5.0 percent, up from the 4.1 percent prediction for this year made in October.
