IMF Regional Economic Outlook for 2021 Outlines Positive Signs – Venture Magazine

IMF Regional Economic Outlook for 2021 Outlines Positive Signs – Venture Magazine

Looking ahead, policymakers must remain nimble as countries pivot from the immediate response to support the recovery and should act decisively to build stronger, more resilient, and more inclusive economies

Dubai International Financial Centre (DIFC), a global financial centre and a leading financial hub in the Middle East, Africa and South Asia (MEASA) region, co-hosted the virtual launch of the International Monetary Fund (IMF) October 2020 Regional Economic Outlook (REO) report for the Middle East, North Africa, Afghanistan and Pakistan (MENAP).

The report shows that countries in the Middle East and North Africa region responded to the COVID-19 pandemic with swift and stringent measures to mitigate its spread and impact. Whilst there are small signs of recovery, global and regional recovery will take time. During the remainder of 2020, the report highlights