Arab economies are expected to grow by 3.1 percent in 2019 and 3.4 percent in 2020, the Arab Monetary Fund (AMF) said in its April edition of the Arab Economic Outlook report. Arab oil-exporting economies will keep growing by about 2.8 percent and 3.1 percent in 2019 and 2020, respectively, amid uneven growth performance among subgroups, it noted. GCC growth rate is expected to increase to 2.7 percent in 2019 and three percent by 2020, reflecting the rebound in the non-oil sector supported by several factors, the report added. These factors include the positive impact of long-term strategies adopted to further increase economic diversification, the continuation of reforms aiming at improving business environments and the favorable monetary and fiscal stances. On the contrary, the oil sector is expected to achieve relatively low growth rates as a result of the anticipated slowdown in demand for oil and the adjustment of oil production under OPEC agreement over the first half of 2019. However, several new projects, which aim at increasing production and refining capacity, will partially enhance the performance of the oil and gas sector during the forecast horizon. The Macroeconomic performance of other Arab oil exporting countries is expected to recover due to the anticipated improvement in the domestic conditions, reconstruction efforts, and more importantly, the partial recovery of oil production capacity. Hence, the growth rate of the other Arab oil-exporting countries is expected to increase to 3.1 and 3.8 percent in 2019 and 2020, respectively. Oil-importing economies are more likely to keep growing, reflecting the ongoing economic reform programs aiming at achieving inclusive and high levels of economic growth to create more job opportunities and enhance productivity and competitiveness. As a result, high growth in oil importing countries is expected to remain at 4.1 percent and 4.3 percent respectively in 2019 and 2020.