IMF updates economic outlook for Middle East and Central Asia

The gross domestic product (GDP) in the Middle East and Central Asia will increase by 4.3% (0.2 percentage points more than October's outlook) in 2022, Report informs, citing the World Economic Outlook-January Update of the International Monetary Fund (IMF).

The IMF expects the region's economy to grow by 3.6% next year, 0.2 percentage points lower than the previous forecast.