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IMF: Mena regions faces lower growth in 2012
- United Arab Emirates: Wednesday, October 26 - 2011 at 10:29
The IMF expects for 2012 a moderate growth for the world econmomy and in the MENA region, said IM Director for the Middle East and Central Asia region. "Alle regions will face a lower growth next year." The spillover effects from the Euro zone and the U. S. debt crisis will effect increasingly the Emerging Markets. "Capital flows to Emerging Markets, both the bond market and equity markets have turned negative."
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Gérard Al-Fil, Financial JournalistWednesday, October 26 - 2011 at 10:29 UAE local time (GMT+4)
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