Arab Monetary Fund Forecast 2017, 2018: Economy And Oil

Arab Monetary Fund Forecast 2017, 2018: Economy And OilAccording to an Arab Monetary Fund analysis, most of the Arab oil-exporting countries have had to readjust owing to unfavorable global economic developments. As for economic growth expectations for 2017, the Arab economies are expected to see a reduced growth of 2.3 percent in 2017 and 2.8 percent in 2018, reflecting the decline in the growth rate of the Arab oil-exporting countries to 1.8 percent through the OPEC production adjustment. Growth in the Gulf Cooperation Council countries is expected to reach 1.7 percent in 2017 compared to 1.9 percent in 2016.


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