Mena oil exporters making progress on economic reforms, World Bank says

Oil exporters in the Middle East and North Africa region are continuing to make purposeful efforts to diversify and have a longer-term view of how to face headwinds and steer their economies through booms and busts, according to the World Bank.

“For GCC countries – their long-term view, and you can see that reflected in their visions in different degrees [as well as] in their current policies – is one of diversification,” World Bank chief economist Roberta Gatti told The National in a recent interview.

“They are definitely doing…