Gulf economies will not return to pre-war growth soon, IMF warns
Gulf economies will not return to pre-war growth soon, IMF warns The International Monetary Fund (IMF) expects Middle Eastern economies to bounce back, but not in the medium term, the organisation's regional chief said on Thursday. "We will not go back to the pre-war trajectory in the medium term because this shock will have a scarring impact on various sectors and also will disrupt a certain number of infrastructure, and will require additional spending in order to increase resilience," IMF…
