November 30, 2016 / 3:20 PM / 9 months ago

BRIEF-Fitch says cheap oil, politics and slow reforms keep MENA outlook negative

Nov 30 (Reuters) - Fitch:

* Fitch - Cheap oil, politics and slow reforms keep MENA outlook negative

* Expects brent crude oil prices to average USD45/bbl in 2017, broadly unchanged from USD44/bbl in 2016

* We expect overall growth in MENA region to slow to 2.2% in 2017, from 2.6% in 2016

* Fiscal balances of oil importers stand to benefit from low oil prices, but Egypt, Lebanon and Tunisia still face considerable fiscal challenges Source text for Eikon:

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