Middle East & North Africa Economics

Middle East Chart Book

30 June, 2016

MENA countries go calling to the IMF

The return of several countries to the IMF for financial support over the past month underlines the severity of long-standing balance of payments problems in parts of the region. In Jordan and Tunisia, recently-agreed IMF deals will help these countries cope with a collapse in tourism receipts. Morocco is also in advanced negotiations over a financing package, although with the current account deficit having narrowed sharply, any deal is likely to be a precautionary arrangement. Meanwhile, rumours

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