IMF sees bumper year for Arab oil producers, risk for others
Written by Black Hot Fire Network on April 27, 2022
DUBAI, United Arab Emirates —
The world’s economy is forecast to grow around 3.6% this year, but Arab oil exporters are seeing a windfall from high energy prices that will buoy their economies and replenish their financial reserves this year and next, according to a report released Wednesday by the International Monetary Fund.
Those hard-hit in the Middle East, however, are oil importers and countries like Egypt that also rely heavily on food imports from . . .
