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‘Arab region faces two scenarios for economic growth in 2021’ Follow Newsd On   Beirut, Dec 30 (IANS) The UN Economic and Social Commission for Western Asia (ESCWA) has projected the growth rate in the Arab region next year at either 3.5 per cent or 2.8 per cent. Released on Tuesday, the ESCWA report titled, “Survey of Economic and Social Developments in the Arab Region” said that the actual path will hinge on the ability of Arab countries to cope with the Covid-19 pandemic, which has caused losses of about $140 billion for the region, resulting in an estimated -3 per cent growth con...

Arab region faces two scenarios for economic growth in 2021 ​ By IANS | Published on ​ Wed, Dec 30 2020 11:42 IST | ​ 0 Views 'Arab region faces two scenarios for economic growth in 2021'. Image Source: IANS News Beirut, Dec 30 : The UN Economic and Social Commission for Western Asia (ESCWA) has projected the growth rate in the Arab region next year at either 3.5 per cent or 2.8 per cent. Released on Tuesday, the ESCWA report titled, "Survey of Economic and Social Developments in the Arab Region" said that the actual path will hinge on the ability of Arab countries to cope with the...

5:47 AM MYT BEIRUT, Dec. 29 (Xinhua) -- The United Nations Economic and Social Commission for Western Asia (ESCWA) on Tuesday projected the growth rate in the Arab region next year at either 3.5 percent or 2.8 percent. The ESCWA report, "Survey of Economic and Social Developments in the Arab Region," said that the actual path will hinge on the ability of Arab countries to cope with the COVID-19 pandemic, which has caused losses of about 140 billion U.S. dollars for the region, resulting in an estimated -3 percent growth contraction in 2020. The ESCWA warns that, although growth is ex...

Date Time ESCWA: Arab region faces two scenarios for 2021 Beirut, 29 December 2020–The Arab region faces two economic scenarios for 2021: an optimistic one projecting a growth rate of 3.5% and one that is less optimistic, limiting growth prospects to 2.8%. The actual path will hinge on the ability of Arab countries to cope with the COVID-19 pandemic, which has caused losses of about $140 billion for the region, resulting in an estimated -3% growth contraction in 2020. These figures and more were released today by the United Nations Economic and Social Commission for Western Asia (ESCW...