The Arab Monetary Fund Releases The 18th Edition of the Arab Economic Outlook Report Including Macroeconomic Forecasts for Arab Economies for 2023 and 2024
The growth rate of Arab economies in 2023 is projected to be 3.4 percent.
The recovery of global growth, lower interest rates, and the continued implementation of development plans will likely enhance economic growth in Arab countries in 2024 to approximately 4 percent.
The Inflation rate is projected to decline to 6.8 percent in 2023 and 6.3 percent in 2024 for Arab countries (excluding countries with substantial inflationary pressures).
As part of its efforts to assist policy-makers in Arab countries, the Arab Monetary Fund has released the 18th edition of its "Arab Economic Outlook" report, which contains projections of the overall economic performance of Arab countries on multiple levels for the years 2023 and 2024.