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Growth Slows for Most MENA Economies Amid Double-Digit Food Inflation - Vimarsana News

Growth Slows for Most MENA Economies Amid Double-Digit Food Inflation

Economies in the Middle East and North Africa (MENA) are expected to grow at a slower pace in 2023, as double-digit food inflation adds pressure on poorer households and the impact of food insecurity can span generations, according to the World Bank’s latest economic update.

World Bank: Middle East and North Africa Economic Update - Vimarsana News

World Bank: Middle East and North Africa Economic Update

This edition of the World Bank MENA Economic Update estimates that the Middle East and North Africa (MENA) region’s economies will grow by 5.5% in 2022, the fastest rate since 2016. Yet this growth is uneven.