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  "documentTitle": "ey global economic outlook july 2023",
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      "text": "1. MENA includes Algeria, Bahrain, Egypt, Iraq, Israel, Kuwait, Morocco, Oman, Qatar, Saudi Arabia and United Arab Emirates. For CPI, GDP weighted average. Source: EY analysis",
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      "text": "The sustained oil production cut is expected to weigh on Saudi Arabia's economic growth forecast this year. Production will fall again as Saudi Arabia has vowed to maintain the 0.5m barrels per day (b/d) production cut in June and cut by 1m b/d in July and August.",
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