The Iran war is having an uneven impact on economies within the Middle East and the Gulf, although many are expected to recover by next year if the conflict ends soon.
While the long-term outlook is shrouded in uncertainty, discussions in Washington during the International Monetary Fund and World Bank’s spring meetings this week point to what is being described as an “asymmetric shock”.
Still, in its World Economic Outlook published this week, the IMF gave downgrades for every country within the region.
And a separate report from the fund…
