Saudi Arabia, MENA region to grow faster than expected, IMF says
The Middle East and North Africa will grow at 3.2% this year, the International Monetary Fund said this week, as it raised its growth forecasts for the region.
The IMF’s July World Economic Outlook report hiked the MENA region’s 2025 GDP forecast by 0.6 percent from its April projection. It expects the region to grow 3.4% next year, at a par with its April forecast.
Saudi Arabia is expected to grow 3.6% in 2025 and 3.9% next year, up 0.6% and 0.2% respectively, from the fund’s April projection.
Continue reading
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Joined by 12,000+ Islamic economy professionals
Create a free account
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Editor