Middle East & North Africa Economics

Middle East Economics Weekly

8 November, 2018

OPEC to talk output cuts, Tunisia rates, Egypt’s wage bill

Rumours suggest that OPEC will discuss the possibility of oil output cuts this weekend, although a decision seems highly unlikely at this stage. But if oil prices fall further, as we expect, production cuts could become a real possibility next year, which would act as a drag on GDP growth in the Gulf. Elsewhere, the latest twist in Tunisian politics means that the central bank will need to hike interest rates further over the coming months. And comments from Egypt’s President al-Sisi suggest tha

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