IMF Reports Positive Conditions for Economic Growth in the Middle East and North Africa
Even with the changes occurring in the Middle East and North African (MENA) regions, over the past two years there has been a moderate increase in economic growth due to the regionís limited exposure to international markets and the financial crisis. At the end of 2010, Egypt, Jordan, Morocco, and Tunisia had a GDP growth of 4.7%. The countries of this region are focusing on common goals to become more economically successful. These measures include improving macroeconomic stability to attract investment and creating jobs and economic opportunities for citizens.
Programs for the promotion of social and economic growth also plan to increase employment opportunities through investment in infrastructure and machinery, supporting the operations of private macroeconomic measures and developing training programs. These programs will be aided by the regionís strengths: a young, dynamic population, abundant natural resources and a good location to key international and regional markets, all of which aimed at a successful future.
The article and photo were adapted from the MaroccoOggi Newsletter. For more information, visit their site at www.genemaghrebina.com.