MENA has been hit by double shocks: the COVID-19 pandemic and the plunge in oil prices. This crisis will likely compound the region’s unemployment problem and worsen the already high public and external vulnerabilities, causing long-lasting losses.
In the International Monetary Fund webinar on Middle East and North Africa Economic Outlook this week, Dr Carole Nakhle, CEO of Crystol Energy, participated in the panel discussion along Jihad Azour (IMF), Nasser SAIDI (Saidi Associates) & Salmaan Jaffery (DFIC). John Defterios CNN Anchor moderated the discussion.