3.8 MIDDLE EAST

2019-12-07
Thanks to the rising price of oil, the Middle East and North Africa have seen some economic recovery. GDP growth in the Middle East and North Africa rose from 2.2% in 2017 to 2.4% in 2018. However, as the U.S. is imposing sanctions on Iran, Iran’s economy deteriorated again, with a GDP growth rate dropping from 3.7% in 2017 to -1.5% in 2018.
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Midez CAC