The ongoing political and social upheavals which followed the Arab Spring of 2011 continue to weigh down economic activity across the MENA region, the World Bank says in its recently released ‘MENA Economic Developments and Prospects’ report.
Post-Arab spring upheavals “continue to dominate economic activity and near term prospects.” The region’s economic outlook for 2013 and especially 2014 is shrouded in uncertainty and subject to a variety of risks, mostly domestic in nature and linked to political instability. (CONTINUED - 504 WORDS)
