IMF Regional Economic Outlook outlines opportunities for regional recovery in 2021

IMF Regional Economic Outlook outlines opportunities for regional recovery in 2021

DUBAI — Dubai International Financial Centre (DIFC), a global financial center and the 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