On June 10, the Atlantic Council’s Rafik Hariri Center for the Middle East convened a conversation on the economic challenges facing the region.
Dr. Jihad Azour, director of the Middle East and Central Asia department at the International Monetary Fund, presented the findings of the 2019 Regional Economic Outlook. Hariri Center Nonresident Senior Fellow Dr. Mohsin Khan moderated the event.
The discussion examined issues raised in the IMF report, including the slow projected global growth and the implications for MENA countries. In particular, the region faces more uncertainty due to geopolitical risks in North Africa and the Gulf, the rise of social tensions due to lower growth and reform fatigue, oil price volatility, and the impact of the US-China trade war.
The panelists also discussed how transatlantic policymakers can respond to these developments in a way that delivers progress for people in the region.