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The World Bank Wednesday forecast an improved GDP growth for some oil importers in the Middle East in 2018 due to better consumer confidence.It also expected a 3-percent GDP growth for the MENA region in 2018 .GCC economies are anticipated to lead stronger growth in the region, supported by easing fiscal adjustment, infrastructure investment such as the UAE Expo 2020, and reforms to promote non-oil sector activity. Growth among the GCC countries as a group is forecast to pick up to 2 percent this year from 0.7 percent in the year just ended," the report said.The report stressed growth in the MENA region in 2017 fell to 1.8 percent from 5 percent in 2016 .
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