The Secretary General of the Economic and Social Commission for Western Asia (ESCWA), Mervat Tillawi stated that ESCWA member countries are expected to record a decelerated growth rate of 2.2 percent by the end of 2001 compared with 3.4 percent in 2000, reported Al-Watan .
Arabian Gulf states, excluding Iraq, are expected to achieve no more than a one percent GDP growth rate in 2002 compared with 2.1 percent in 2001 due to declining international oil prices. — (menareport.com)
© 2001 Mena Report (www.menareport.com)
