North Africa economy - updates

Rappler's latest stories on North Africa economy

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IMF predicts worst Middle East downturn in half century

Jul 13, 2020 - 8:50 PM

The International Monetary Fund sees the Middle East and North Africa regional economy shrinking by 5.7% in 2020

Cars drive down King Fahad boulevard after the authorities eased some of the lockdown measures that had been imposed in a bid to slow down the spead of the novel coronavirus, in the Saudi capital Riyadh on June 21, 2020. (Photo by FAYEZ NURELDINE / AFP)

Middle East debt, unemployment to spike in virus recession – IMF

Apr 15, 2020 - 6:40 PM

Countries in the Middle East and North Africa will lose hundreds of billions of dollars in revenues in 2020, says the International Monetary Fund

A picture taken on March 23, 2020, shows the empty King Fahd road in the Saudi capital Riyadh after authorities imposed a curfew for 21 days to curb the spread of the COVID-19 coronavirus pandemic. (Photo by FAYEZ NURELDINE / AFP)

Middle East economy set for worst slump in decades – IMF

Apr 14, 2020 - 11:10 PM

For 2020, the International Monetary Fund sees the Middle East and North Africa region suffering its worst economic performance since 1978

A Saudi man, wearing a protective mask as a precaution against COVID-19 coronavirus disease, walks along Tahlia street in the centre of the capital Riyadh on March 15, 2020. (Photo by FAYEZ NURELDINE / AFP)