Middle East governments urged to launch stimulus packages amid energy shock, inflation
Political economy expert Nasser Zouhair calls for urgent stimulus from Middle East governments and central banks to counter energy shocks and rising inflation.
Key Takeaways
AIPolitical economy expert Nasser Zouhair has called on Middle East governments and their central banks to urgently inject stimulus packages into their domestic economies to address the energy shock and rising inflation.
Speaking in an interview with Al Arabiya FM, Zouhair added that such measures are necessary, even if they involve collective or private loans, as rising inflation could lead to a wave of bankruptcies and business closures.
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