Obstacles Many for Mideast Businesses World Bank Official to Discuss Region in Ue Sessions

Summary

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State-owned businesses, large and ineffective government bureaucracies and the threat of war and terrorism are among the obstacles hindering economic development in the Middle East, an economist for the World Bank said Monday.

Farrukh Iqbal, lead economist of the Middle East and North Africa for the World Bank, said many Middle Eastern countries, however, continue to make improvements in governing. Also, "some sort of international help in bringing about peace would be quite helpful for economic growth," Iqbal said.

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Obstacles Many for Mideast Businesses World Bank Official to Discuss Region in Ue Sessions

Iqbal will be in Evansville Monday to speak to economics students at the University at Evansville, then at an open-to-the public lecture at 5 p.m. i...

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