MENA update : twin shocks: COVID-19 and punging oil prices
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Tag | 1 | 2 | Value |
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LDR | 00000cam a22000004b 4500 | ||
001 | MAP20200011651 | ||
003 | MAP | ||
005 | 20200413180142.0 | ||
008 | 200408e20200327usa|||| ||| ||eng d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a921 | ||
100 | 1 | $0MAPA20200007517$aIradian, Garbis | |
245 | 1 | 0 | $aMENA update$b: twin shocks: COVID-19 and punging oil prices$cGarbis Iradian, Jonah Rosenthal |
260 | $aWashington$bThe Institute of International Finance$c2020 | ||
300 | $a3 p. | ||
520 | $aOur MENA growth forecast now stands at -0.3 percent with additional downside risks. Uncertainty is high regarding the duration of the shutdown and the scope for an additional fall on oil prices. We project recessions in most oil exporters and the lowest growth in oil importers since the early 1990s. MENA's current account is set to shift from a surplus of $28 bn in 2019 to a deficit of $92 bn in 2020 with the fiscal deficit widening from 3.7% of GDP in 2019 to 8.8% in 2020. The fall in non-resident capital inflows will be more than offset by the drop in resident outflows. | ||
650 | 4 | $0MAPA20200005599$aCOVID-19 | |
650 | 4 | $0MAPA20200005391$aCoronavirus | |
650 | 4 | $0MAPA20080600648$aCrecimiento económico | |
650 | 4 | $0MAPA20100017982$aRiesgos emergentes | |
650 | 4 | $0MAPA20080548599$aPetróleo | |
651 | 1 | $0MAPA20090034457$aOriente Medio | |
651 | 1 | $0MAPA20130007014$aAfrica del Norte | |
700 | 1 | $0MAPA20200007524$aRosenthal, Jonah | |
710 | 2 | $0MAPA20160011906$aThe Institute of International Finance |