EBRD, EIB and World Bank launch new report on MENA’s economy

June 13, 2022
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EBRD

The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank have published a joint report, Unlocking Sustainable Private-Sector Growth in the Middle East and North Africa (MENA). The report analyses constraints on productivity growth and limited accumulation of factors or production in the MENA private sector.

The report is based on the MENA Enterprise Survey conducted between late 2018 and 2020 on over 5,800 formal businesses across Egypt, Jordan, Lebanon, Morocco, Tunisia, the West Bank and Gaza.

Achieving higher and sustainable growth is particularly important in view of other economic challenges facing the region. Public debt has increased considerably over the last decade, accompanied by declining investment. More recently, the coronavirus pandemic has battered the region, further straining public finances. In addition, the Russian invasion of Ukraine affects the MENA economies through higher hydrocarbon prices, risks to food security and declining tourism.

For more information

Press release

Countries covered:

  • Egypt
  • Jordan
  • Lebanon
  • Morocco
  • Palestine *
  • Tunisia