Economic growth has been spurred by a drop in fighting against Islamic State militants © Zuma Press/PA Images
Economic growth has been spurred by a drop in fighting against Islamic State militants © Zuma Press/PA Images

MENA growth to 'rebound' in 2018

15 May 2018

A positive global economic outlook and higher oil prices are among the factors that will help MENA growth rebound this year, according to the World Bank.

The bank also expects stabilisation policies and reforms and recovery and reconstruction as conflicts recede, “at least in the fighting against ISIS”, to boost MENA growth to 3.1% in 2018, after it dipped sharply to 2% in 2017 from 4.3% in 2016.

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