For oil-importing countries in MENA, growth is expected to continue at a modest pace of 4.5 percent in 2018, before dropping back to 4% next year, the International Monetary Fund (IMF) said in its Regional Economic Outlook for the Middle East and North Africa (MENA).
The current account deficit in oil-importing countries is projected to narrow from 6.6 percent of GDP in 2017 to 6.5 percent in 2018, and further to 6.1 percent in 2019.
Egypt Today