IMF

As we face the year 2025, the MENA region is poised for growth, with the non-oil economy playing a critical role

The region's non-oil sector is expected to grow 4.5 percent in 2024, 7.8 percent in 2025 and 8.6 percent in 2026

Georgieva noted that Egypt's inflation reached 37 percent in 2023 but has decreased to between 25 percent and 26 percent

Global factors, especially oil production and OPEC decisions, influence growth expectations for GCC economies

At the October 2023 IMFC meeting in Marrakech, the UAE announced a $200 million co-financing initiative for the PRGT

Globally, growth is expected to remain stable but lackluster, with projections of 3.2 percent for both 2024 and 2025Â
