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World economic downturn spares Middle East and North Africa for now

In the International Monetary Fund’s monthly World Economic Outlook, the global growth forecast for 2016 was cut down to 3.1%, after being reduced by 0.1%. According to the outlook, expected growth in 2017 was also cut and stands at 3.4%. Fears over uncertainty and structural weakness in the world economy…

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Click here to read the full story: Daily News Egypt

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