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Regional economic outlook
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This edition of Regional Economic Outlook: Middle East and Central Asia reports that the near-term economic outlook for the Middle East region has weakened. Difficult political transitions and increased regional uncertainties weigh on confidence in the oil-importing countries. In the oil-exporting countries, weak global demand and domestic supply disruptions have reduced oil production. Medium-term economic prospects are clouded by rising fiscal vulnerabilities, declining productivity, and fragmented labour markets.
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