IMF says vaccines to fuel Mideast recovery, tough path ahead ...Egypt

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DUBAI, United Arab Emirates (AP) — Broad access to different coronavirus vaccines remains crucial for an economic recovery in the Mideast, the International Monetary Fund said Thursday, warning the path ahead remains “long and winding” for countries already struggling with corruption and debt. The IMF revised its 2020 economic outlook upward for the Mideast and North Africa, now predicting only a 3.8 percent contraction as higher oil prices boosted budgets for producers and some countries suffered less than anticipated during the pandemic’s first months. However, war-torn and debt-mired nations could be further hurt by a delayed rollout of COVID-19 vaccinations, further slowing any regional

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