MENA: Fear of Recession Lingers Despite Signs of Economic Recovery

  • Date: 09-Jun-2020
  • Source: Al Bawaba
  • Sector:Economy
  • Country:Egypt
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MENA: Fear of Recession Lingers Despite Signs of Economic Recovery

Despite the phased easing in lockdown restrictions, the region is by no means out of the woods, but these economies have passed the nadir in economic contraction.. The initial policy response across the region was led by central banks, focusing on financial system liquidity as well as direct corporate support to minimise the economic fallout..