🚀 MENA Economic Update! 🚀

IMF predicts MENA region to grow by 2.7% in 2024, up from 1.9% in 2023. Oil-importing & exporting nations to grow at similar rates. 🌍

Key Points:

- GDP per capita to rise by 1.3%, driven by GCC nations.

- Gaza's economy hit hard, down 86% in Q4 2023.

- Trade disruptions via Suez Canal impacting global commerce.

Debt & Investment Trends:

- Rising debt-to-GDP ratios for oil importers.

- PE & VC investments gaining traction; fintech, tech, healthcare, & infrastructure are hot sectors.

What are your thoughts on MENA's economic future? Comment below! 💬

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