Oil Importers: While benefiting from lower oil prices,
MENA’s oil importers are being hurt by terrorist
attacks, spillovers from neighboring wars, slow
growth in the Euro zone and political uncertainty.
Two terrorist attacks in 2015 and protracted economic
stagnation in the Euro zone mean Tunisia’s real GDP
growth is projected to drop to 0.8% from 2.3% in 2014.
Tourists arrivals have been cut in half (Figure 3)