Pandemic worsens challenges of fragile states in Middle East and Central Asia, IMF says

Massoud A Derhally, The National |

Image by MichaelGaida from Pixabay

Coronavirus has led to remittances declining by as much as 25% in some countries during the first half of 2020, putting economic challenges in the Middle East and Central Asia, a region whose growth rate is set to contract by 4.1 percent this year.

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