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Oil Importers: Key Messages The region is slowly recovering from last yearâs slowdown Obstacles to growth ahead and room for stimulus is narrowing Policy focus will need to shift to medium-term structural agenda ï§ Trade is rising along with the global rebound ï§ Investment and bank credit are still subdued ï§ Persistent weakness in EU demand and competition from other emerging markets ï§ Governments facing high debt will need to cut back on fiscal expansion ï§ High inflation in some countries ï§ Raising growth and creating employment is again at center stage ï§ Developing capital markets can help revive credit and investment ï§ Structural reforms key to improving competitiveness
