The growth of the economies of the oil-exporting Arab countries by about 2.4 percent
[rtl]Abu Dhabi / agencies to
reduce the Arab Monetary Fund forecast for growth in the Arab countries as a group rose 0.3 percent to 2.6 percent in 2016.otoqa «AMF» the report « the prospects of theArab economy» that Arab countries recorded growth ranges from about 2.8 percent this year. The
fund added in a report « the prospects of the Arab economy», issued in September this which includes the economic performance of the Arab countries of expectations during the years 2016 and 2017, to witness the growth of some improvement in the 2017 Arab countries to record 3.1 percent, supported by the gradual recovery of economic activity for the Arab States of exporting and importing oil.
discusses countries (OPEC) and other producers, including Russia , in the informal talks in Algiers between days 26 and 28 of this month, regarding a proposed agreement to curb oversupply , which put pressure on prices in nearly two years.
the failure of major oil producers inside and outside OPEC to reach a solution to adjust production levels to stop the declines prices at a meeting in Doha last April.
hovering crude oil prices currently at around 40 - $ 50 a barrel, having tumbled from above $ 115 in June 2014 to less than $ 30 a barrel in December last; due tooversupply Universal.
He IMF report, the forecast growth of the economies of the oil - exporting Arab countries by about 2.4 percent in 2016 compared to 3.3 percent in 2015, with a forecast toresume growth in the countries of the group to rise to 2.8 percent in 2017.
the reduction of the Arab Monetary, growth group the GCC states expectations Gulf in 2016 by about 0.4 percent, to 2.1 percent compared to 3.6 percent in 2015, while theexpected growth improved to 2.4 percent in 2017, according to the report.
with regard to the Arab countries imported oil, the report cut its growth forecast to 3.1 percent in 2016 compared to 3.6 percent the expectations of the same year issued areport horizons Arab economy version in March last March, and so on expectations aslowdown in the pace of economic activity due to domestic and external demand affected.
He predicted «Arabian Monetary» to reach the inflation rate in the Arab countries as agroup during 2016 about 7.8 percent, rising to 8.5 percent in 2017.[/rtl]