Author : Mr. Ernesto Ramirez Rigo
Publisher : International Monetary Fund
Page : 153 pages
File Size : 46,24 MB
Release : 2021-09-20
Category : Business & Economics
ISBN : 1513594087
Book Description
Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.