Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says

Dubai, the United Arab Emirates – The International Monetary Fund said on Wednesday that countries across the Middle East and North Africa faced significant challenges for economic growth, the region was facing economic uncertainty due to tariff system, low oil prices and financial support.

The IMF regional view of the Mena region reports that the price of crude oil has dropped from high to high from $ 120 in 2022-in perfident 2025 and $ 65 to $ 69 per barrel in 2026, which makes the market-export economies rising for market rise.

The plans for the United States and other countries have also created global economic uncertainty that depends on the economy of the region, which can negatively affect their growth in the Middle East and Central Asian director of the IMF, which can negatively affect their growth anywhere from 2% to 4.5%.

“So countries need to formulate policies to protect their economy and they need,” Azur said in an interview in Dubai.

The decline in foreign assistance in the region will also play a role, Azur says US President Donald Trump has withdrawn his country from its position as the world’s largest supporter.

“Reduction of international assistance, especially for fragile countries, is something that is creating new risks for the region,” said Azur.

This year, the growth in the Mena region is expected to be 2.6% compared to 1.5% last year, Azur said, but he added that global uncertainty could affect the outlook.

Economics in the Persian Gulf are increasing by about 2% GDP from the epidemic to attract enough foreign direct investment, other Mena countries fight slow stream.

The IMF says they are willing to work with some fighters and new governments in Syria. He also said that IMF activists and Lebanese officials were in the Lebanon discussion.

“Requiring Syria would be a long process for which a broad program of regional and international support would be combined and a broad program of building institutions, reforming their economy and a new social communication such as infrastructure, refugees and rebuilding,” said Azur.

Despite global economic uncertainty, Mena Nations can lead to growth through structural reforms and diversification of economic relations, reports.

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