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Economic Prospects and Policy Challenges for the GCC Countries

Economic Prospects and Policy Challenges for the GCC Countries »

Source: Economic Prospects and Policy Challenges for the GCC Countries

Volume/Issue: 2020/065

Series: Policy Papers

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2020

ISBN: 9781513563572

Keywords: Oil prices, Fiscal policy, COVID-19 , Fiscal consolidation, Oil, PP, GCC country, IMF staff calculation, GCC authorities, labor market

The COVID-19 pandemic is having far-reaching consequences for the global economy. Measures to contain the spread of the virus have led to sharp declines in economic activity across the globe, particularly in 2020Q2...

Economic Prospects and Policy Challenges for the GCC Countries

Economic Prospects and Policy Challenges for the GCC Countries »

Volume/Issue: 2020/065

Series: Policy Papers

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2020

DOI: http://dx.doi.org/10.5089/9781513563572.007

ISBN: 9781513563572

Keywords: Oil prices, Fiscal policy, COVID-19 , Fiscal consolidation, Oil, PP, GCC country, IMF staff calculation, GCC authorities, labor market

The COVID-19 pandemic is having far-reaching consequences for the global economy. Measures to contain the spread of the virus have led to sharp declines in economic activity across the globe, particularly in 2020Q2...

2. Addressing Economic Scarring from the Crisis

2. Addressing Economic Scarring from the Crisis »

Source: Regional Economic Outlook, October 2020, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2020

ISBN: 9781513558165

Keywords: COVID-19 , Health, Crisis management, Crisis recovery and resolution planning, Fluctuating oil revenues, Organization of Petroleum Exporting Countries (OPEC), Monetary policy, Tourism, Education, Regional Economic Outlook

The coronavirus disease (COVID-19)pandemic may inflict a deeper and more persistent economic impact than previous recessions in the Middle East and Central Asia (MCD...

4. Financial Stability Considerations amid the Pandemic

4. Financial Stability Considerations amid the Pandemic »

Source: Regional Economic Outlook, October 2020, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2020

ISBN: 9781513558165

Keywords: COVID-19 , Health, Crisis management, Crisis recovery and resolution planning, Fluctuating oil revenues, Organization of Petroleum Exporting Countries (OPEC), Monetary policy, Tourism, Education, Regional Economic Outlook

Banks in the Middle East and Central Asia (MCD) region began the year in a generally strong position, but the unprecedented crisis caused by the coronavirus disease...

3. Fiscal Challenges from the Pandemic

3. Fiscal Challenges from the Pandemic »

Source: Regional Economic Outlook, October 2020, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2020

ISBN: 9781513558165

Keywords: COVID-19 , Health, Crisis management, Crisis recovery and resolution planning, Fluctuating oil revenues, Organization of Petroleum Exporting Countries (OPEC), Monetary policy, Tourism, Education, Regional Economic Outlook

The coronavirus disease (COVID-19) pandemic has required a substantial fiscal response from all countries, resulting in the largest synchronous fiscal easing in oil...

1. Regional Developments and Outlook

1. Regional Developments and Outlook »

Source: Regional Economic Outlook, October 2020, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2020

ISBN: 9781513558165

Keywords: COVID-19 , Health, Crisis management, Crisis recovery and resolution planning, Fluctuating oil revenues, Organization of Petroleum Exporting Countries (OPEC), Monetary policy, Tourism, Education, Regional Economic Outlook

The coronavirus disease (COVID-19) pandemic continues to sweep across the region, though countries are cautiously proceeding with reopening. The necessary public hea...

Regional Economic Outlook, October 2020, Middle East and Central Asia

Regional Economic Outlook, October 2020, Middle East and Central Asia »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2020

DOI: http://dx.doi.org/10.5089/9781513558165.086

ISBN: 9781513558165

Keywords: COVID-19 , Health, Crisis management, Crisis recovery and resolution planning, Fluctuating oil revenues, Organization of Petroleum Exporting Countries (OPEC), Monetary policy, Tourism, Education, Regional Economic Outlook

Countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region and those in the Caucasus and Central Asia (CCA) responded to the COVID-19 pandemic with swift and stringent measures to mitigate...

Back Matter

Back Matter »

Source: Regional Economic Outlook, October 2020, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2020

ISBN: 9781513558165

Keywords: COVID-19 , Health, Crisis management, Crisis recovery and resolution planning, Fluctuating oil revenues, Organization of Petroleum Exporting Countries (OPEC), Monetary policy, Tourism, Education, Regional Economic Outlook

Countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region and those in the Caucasus and Central Asia (CCA) responded to the COVID-19 pandemic with swift and stringent measures to mitigate...

Front Matter

Front Matter »

Source: Regional Economic Outlook, October 2020, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2020

ISBN: 9781513558165

Keywords: COVID-19 , Health, Crisis management, Crisis recovery and resolution planning, Fluctuating oil revenues, Organization of Petroleum Exporting Countries (OPEC), Monetary policy, Tourism, Education, Regional Economic Outlook

Countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region and those in the Caucasus and Central Asia (CCA) responded to the COVID-19 pandemic with swift and stringent measures to mitigate...

Social Spending for Inclusive Growth in the Middle East and Central Asia

Social Spending for Inclusive Growth in the Middle East and Central Asia »

Volume/Issue: 2020/012

Series: Departmental Papers

Author(s): Koshy Mathai , Christoph Duenwald , Anastasia Guscina , Rayah Al-Farah , Hatim Bukhari , Atif Chaudry , Moataz El-Said , Fozan Fareed , Kerstin Gerling , Nghia-Piotr Le , Franto Ricka , Cesar Serra , Tetyana Sydorenko , Sébastien Walker , and Mohammed Zaher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2020

Language: French

DOI: http://dx.doi.org/10.5089/9781513560120.087

ISBN: 9781513560120

Keywords: Equity and social spending, Social protection spending, Middle East and Central Asia, Inclusive growth, Health, Health care spending, Education, Education spending, Expenditure, Social spending

This paper examines the role of social spending in improving socioeconomic outcomes in the Middle East and Central Asia. In particular, it addresses the following questions: (1) how large is social spending across...