Reality check: forecasting MENA growth in times of uncertainty
Over the past decade, growth forecasts for the countries of the Middle East and North Africa have often been overly optimistic. As this summary of the World Bank’s latest Economic Update for the region shows, greater availability and accessibility of timely and high-quality information can improve their accuracy. Better forecasts are particularly important in these times of uncertainty, as policy-makers seek a path to economic recovery from the pandemic and its aftermath.