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Arab GDP growth seen rising at least 4% in 2010

20 June 2010

The Arab Monetary Fund chief said growth in Arab economies will accelerate to at least four percent on average this year on higher oil prices, Reuters has reported. "Economic growth will not be less than 4 percent this year, in some Arab countries it could be more," Jassim al-Mannai was quoted as saying. "The economic situation in the Arab world is more stable this year than in 2008 and 2009 and this is a positive indicator for economic growth."

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