Sentences with phrase «while oil exporters»

Oil - importing countries include Egypt, Pakistan, Morocco and Tunisia, while oil exporters include the Gulf Cooperation Council (Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Kuwait and Qatar) as well as Iran, Algeria and Libya.

It's good news for both, but oil importers will see 4.7 percent growth in 2018 and 4.6 percent in 2019, while oil exporters in the region will see 2.8 percent growth in 2018 and 3.3 percent in 2019, according to the IMF outlook.

Not exact matches

Non-oil growth is gaining traction in oil exporters, while a fragile recovery continues in oil importers across the region, according to the IMF's latest Regional Economic Outlook.

«Lower oil prices strain the fiscal positions of fuel exporters and weigh on their growth prospects, while supporting household demand and lowering business energy costs in importers, especially in advanced economies, where price declines are fully passed on to end users,» according to the IMF.

While the United States becomes a net exporter in the early 2020s, its net exports represent only a small fraction of world trade because the United States is a large consumer of natural gas and oil.