DUBAI: The war in Ukraine has "significantly" impacted the Middle East and North Africa (MENA), with the crisis dealing a heavy blow to low-income countries while benefiting oil-producing states, the International Monetary Fund (IMF) said on Wednesday.
The Washington, D.C.-based financial institution's 2022 growth outlook for the region, which includes Arab countries and Iran, was forecast at 5 percent, better than the 4.1 percent forecast last October.
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