GCC economies expected to experience divergent recovery : vi

GCC economies expected to experience divergent recovery


GCC economies expected to experience divergent recovery
By: Times News Service
Muscat: The economies in the Middle East and North Africa (Mena) region are expected to experience an extended and divergent recovery, according to a new report.
This recovery would depend on the current stage of the pandemic in the country, the economic exposure to sensitive and most affected sectors and the efforts from the government in terms of vaccine administration and other economic reforms, the Kuwait-based Kamco Invest said.
Quoting the IMF the report said that economies in the region will have to balance priorities in terms of immediate requirements that include saving lives and employment as well as deal with near term challenges like rising debt levels and building more sustainable economies.

Related Keywords

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