KFC

The IMF has upgraded its 2022 growth forecasts for MENA (thanks, in part, to Egypt)

Egypt is helping to buoy economic growth in the region this year: The IMF has raised its forecast for economic growth in MENA to 4.9% in 2022, up 0.5 percentage points from its April outlook, “in part reflecting a stronger-than-expected performance for Egypt during fiscal year 2022,” the IMF wrote in its latest regional outlook…