Middle East and North Africa Economic Outlook: Price Risks Reduced

Register to view the On-Demand replay below.

After a phenomenal performance last year, the economy of the oil exporters of the region will moderate considerably in 2023. However, growth is still expected to be strong with weaker global performance in the background.
Though oil supply stayed strong as Russia managed to reroute all its oil exports of Western countries, new production cuts by OPEC+ and recovering Chinese demand will not allow prices to fall.  
Inflation will decline globally and in the region as energy prices are lower and base effects take their toll.  
Global geopolitical tensions will continue to be the major source of uncertainty. During this session, we’ll discuss:

  • Global and MENA outlook
  • Uncertainties in oil markets decreased
  • Inflation declines but more gradually than expected  
  • Speakers keyboard_arrow_down
    Gaurav Ganguly Head of EMEA Economics Moody's Analytics Bio
    Suren Vardanyan Assistant Director - Economist Moody's Analytics
    Amir Motahari Economist Moody's Analytics
    Catarina Noro Associate Economist Moody's Analytics
    Benedict Acton-Bond Associate Economist Moody's Analytics