Oil exporting countries are set to lose $270bn in revenues this year. Many are beginning to strategies as to the best way of avoiding a total economic catastrophe in the Middle East.
Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, said at a recent online conference that some countries who have entered the countries are facing challenges in their abilities to design policies that can weather the shock. “This is going to be a challenging point, especially a