Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
April
2021
Language: French
ISBN: 9781513576183
La crise du coronavirus (COVID-19) a entraîné une forte augmentation de la dette publique et des besoins de financement, car nombre de pays du Moyen-Orient et d’Asie centrale ont pris des mesure...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
April
2021
Language: French
ISBN: 9781513576183
Un an après le début de la pandémie de la maladie à coronavirus (COVID-19), la course de vitesse entre les vaccins et le virus est entrée dans une nouvelle phase...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
April
2021
Language: French
DOI: http://dx.doi.org/10.5089/9781513576183.086
ISBN: 9781513576183
A year into the coronavirus (COVID-19) pandemic, the race between vaccine and virus entered a new phase in the Middle East and Central Asia, and the path to recovery in 2021 is expected to be long and divergent. Th...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
April
2021
Language: French
ISBN: 9781513576183
A year into the coronavirus (COVID-19) pandemic, the race between vaccine and virus entered a new phase in the Middle East and Central Asia, and the path to recovery in 2021 is expected to be long and divergent. Th...
Volume/Issue: 2021/006
Series: Policy Papers
Author(s):
International Monetary Fund. Finance Dept.;International Monetary Fund. Strategy, Policy, & Review Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
March
2021
ISBN: 9781513571171
This paper provides background for initial considerations on the appropriate size of the Fund's overall lending capacity over the medium term. The paper reviews developments in the demand for Fund resources during...
Volume/Issue: 2021/006
Series: Policy Papers
Author(s):
International Monetary Fund. Finance Dept.;International Monetary Fund. Strategy, Policy, & Review Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
March
2021
DOI: http://dx.doi.org/10.5089/9781513571171.007
ISBN: 9781513571171
This paper provides background for initial considerations on the appropriate size of the Fund's overall lending capacity over the medium term. The paper reviews developments in the demand for Fund resources during...
Volume/Issue: 2021/053
Series: IMF Working Papers
Author(s):
Vybhavi Balasundharam
, and
Era Dabla-Norris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
DOI: http://dx.doi.org/10.5089/9781513570723.001
ISBN: 9781513570723
This paper uses an individual-level survey conducted by the Edelman Trust Barometer in mid-April for 11 advanced and emerging market economies to examine perceptions of government performance in managing the health...
Volume/Issue: 2021/053
Series: IMF Working Papers
Author(s):
Vybhavi Balasundharam
, and
Era Dabla-Norris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513570723
This paper uses an individual-level survey conducted by the Edelman Trust Barometer in mid-April for 11 advanced and emerging market economies to examine perceptions of government performance in managing the health...
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
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...
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
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...
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
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...
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
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...
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
The coronavirus disease (COVID-19) pandemic has required a substantial fiscal response from all countries, resulting in the largest synchronous fiscal easing in oil...
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
The coronavirus disease (COVID-19) pandemic continues to sweep across the region, though countries are cautiously proceeding with reopening. The necessary public hea...
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
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...
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
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...
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
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...
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
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...
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
ISBN: 9781513560120
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...
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: Russian
DOI: http://dx.doi.org/10.5089/9781513560144.087
ISBN: 9781513560144
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...
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: Russian
ISBN: 9781513560144
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...
Volume/Issue: 2020/135
Series: IMF Working Papers
Author(s):
Inutu Lukonga
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
July
2020
ISBN: 9781513550770
Policy makers in the MENAP region have been formulating policies and designing programs to develop small and medium sized enterprises (SMEs) with a view to create jobs and achieve inclusive growth. But while the pr...
Volume/Issue: 2020/135
Series: IMF Working Papers
Author(s):
Inutu Lukonga
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
July
2020
DOI: http://dx.doi.org/10.5089/9781513550770.001
ISBN: 9781513550770
Policy makers in the MENAP region have been formulating policies and designing programs to develop small and medium sized enterprises (SMEs) with a view to create jobs and achieve inclusive growth. But while the pr...
Volume: 20
Series: Policy Papers
Author(s):
International Monetary Fund. Finance Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
February
2020
DOI: http://dx.doi.org/10.5089/9781513530062.007
ISBN: 9781513530062
This paper presents a proposal for reforming the NAB with a doubling of the aggregate size of the NAB and amendments to the NAB Decision. The proposal contains the following key elements: doubling the aggregate siz...
Volume: 20
Series: Policy Papers
Author(s):
International Monetary Fund. Finance Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
February
2020
ISBN: 9781513530062
This paper presents a proposal for reforming the NAB with a doubling of the aggregate size of the NAB and amendments to the NAB Decision. The proposal contains the following key elements: doubling the aggregate siz...
Volume/Issue: 2020/1
Series: Departmental Papers / Policy Papers
Author(s):
Tokhir Mirzoev
,
Ling Zhu
,
Yang Yang
,
Tian Zhang
,
Erik Roos
,
Andrea Pescatori
, and
Akito Matsumoto
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
February
2020
Language: Arabic
DOI: http://dx.doi.org/10.5089/9781513525938.087
ISBN: 9781513525938
The Future of Oil and Fiscal Sustainability in the GCC Region...
Volume/Issue: 2020/1
Series: Departmental Papers / Policy Papers
Author(s):
Tokhir Mirzoev
,
Ling Zhu
,
Yang Yang
,
Tian Zhang
,
Erik Roos
,
Andrea Pescatori
, and
Akito Matsumoto
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
February
2020
Language: Arabic
ISBN: 9781513525938
The Future of Oil and Fiscal Sustainability in the GCC Region...
Volume/Issue: 2020/1
Series: Departmental Papers / Policy Papers
Author(s):
Tokhir Mirzoev
,
Ling Zhu
,
Yang Yang
,
Tian Zhang
,
Erik Roos
,
Andrea Pescatori
, and
Akito Matsumoto
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
February
2020
ISBN: 9781513525907
The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away fro...
Volume/Issue: 2020/1
Series: Departmental Papers / Policy Papers
Author(s):
Tokhir Mirzoev
,
Ling Zhu
,
Yang Yang
,
Tian Zhang
,
Erik Roos
,
Andrea Pescatori
, and
Akito Matsumoto
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
February
2020
DOI: http://dx.doi.org/10.5089/9781513525907.087
ISBN: 9781513525907
The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away fro...
Volume/Issue: 2019/304
Series: IMF Working Papers
Author(s):
Olumuyiwa Adedeji
,
Erik Roos
,
Sohaib Shahid
, and
Ling Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
December
2019
DOI: http://dx.doi.org/10.5089/9781513519357.001
ISBN: 9781513519357
This paper provides empirical evidence that the size of the spillovers from U.S. monetary
policy to non-oil GDP growth in the GCC countries depends on the level of oil prices. The
potential channels through which o...
Volume/Issue: 2019/304
Series: IMF Working Papers
Author(s):
Olumuyiwa Adedeji
,
Erik Roos
,
Sohaib Shahid
, and
Ling Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
December
2019
ISBN: 9781513519357
This paper provides empirical evidence that the size of the spillovers from U.S. monetary
policy to non-oil GDP growth in the GCC countries depends on the level of oil prices. The
potential channels through which o...
Volume/Issue: 2019/268
Series: IMF Working Papers
Author(s):
Olumuyiwa Adedeji
,
Yacoub Alatrash
, and
Divya Kirti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
December
2019
ISBN: 9781513519319
Given their pegged exchange rate regimes, Gulf Cooperation Council (GCC) countries usually adjust their policy rates to match shifting U.S. monetary policy. This raises the important question of how changes in U.S....
Volume/Issue: 2019/268
Series: IMF Working Papers
Author(s):
Olumuyiwa Adedeji
,
Yacoub Alatrash
, and
Divya Kirti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
December
2019
DOI: http://dx.doi.org/10.5089/9781513519319.001
ISBN: 9781513519319
Given their pegged exchange rate regimes, Gulf Cooperation Council (GCC) countries usually adjust their policy rates to match shifting U.S. monetary policy. This raises the important question of how changes in U.S....
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514000
Capital flows to the Middle East and Central Asian countries have been resilient even as global financial conditions tightened in 2014–16. Such flows have helped finance current account and fisc...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514000
Global trade tensions and slowing growth in key trading partners are affecting the Caucasus and Central Asia (CCA) region. However, despite a decline in export growth, growth will remain broadly...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514000
Countries in the Middle East and Central Asia are facing significant fiscal challenges, amid volatile oil prices, subdued growth, and conflicts. Weak fiscal institutions have contributed to spen...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514000
Global developments
continue to impact the Middle East and Central Asia (MCD) region. Average growth worldwide has once more been revised down and is anticipated to...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514000
Growth in the near term remains subdued for oil exporters in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, amid volatile oil prices, precarious global growth, elevated...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514000
Growth in oil-importing countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region is expected to be muted in coming years, and lower than comparators. High public debt...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
DOI: http://dx.doi.org/10.5089/9781513514000.086
ISBN: 9781513514000
Growth in the near term remains subdued for
oil exporters in the Middle East, North Africa,
Afghanistan, and Pakistan (MENAP) region, amid
volatile oil prices, precarious global growth, elevated
fiscal vulnerabilit...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514000
Growth in the near term remains subdued for
oil exporters in the Middle East, North Africa,
Afghanistan, and Pakistan (MENAP) region, amid
volatile oil prices, precarious global growth, elevated
fiscal vulnerabilit...
Volume/Issue: 2019/214
Series: IMF Working Papers
Author(s):
Samya Beidas-Strom
, and
Marco Lorusso
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
October
2019
DOI: http://dx.doi.org/10.5089/9781498320504.001
ISBN: 9781498320504
We build and estimate open economy two-bloc DSGE models to study the transmission and impact of shocks in Russia, Saudi Arabia and the United Kingdom. After accounting for country-specific fiscal and monetary secto...
Volume/Issue: 2019/214
Series: IMF Working Papers
Author(s):
Samya Beidas-Strom
, and
Marco Lorusso
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
October
2019
ISBN: 9781498320504
We build and estimate open economy two-bloc DSGE models to study the transmission and impact of shocks in Russia, Saudi Arabia and the United Kingdom. After accounting for country-specific fiscal and monetary secto...
Volume/Issue: 2019/290
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
ISBN: 9781513513447
This 2019 Article IV Consultation with Saudi Arabia discusses that reforms are starting to yield positive results. Oil prices and production have been volatile, and uncertainties in the global oil market continue....
Volume/Issue: 2019/290
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
DOI: http://dx.doi.org/10.5089/9781513513447.002
ISBN: 9781513513447
This 2019 Article IV Consultation with Saudi Arabia discusses that reforms are starting to yield positive results. Oil prices and production have been volatile, and uncertainties in the global oil market continue....
Volume/Issue: 2019/291
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
DOI: http://dx.doi.org/10.5089/9781513513485.002
ISBN: 9781513513485
This Selected Issues paper explores policies to drive diversification for Saudi Arabia. Diversification is needed to create jobs for Saudis and to mitigate the impact of uncertainty in oil markets. Although the bus...
Volume/Issue: 2019/291
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
ISBN: 9781513513485
This Selected Issues paper explores policies to drive diversification for Saudi Arabia. Diversification is needed to create jobs for Saudis and to mitigate the impact of uncertainty in oil markets. Although the bus...
Volume/Issue: 2019/290
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
Language: Arabic
DOI: http://dx.doi.org/10.5089/9781513513591.002
ISBN: 9781513513591
Reforms are starting to yield positive results. Oil prices and production have been volatile, and uncertainties in the global oil market continue. Promoting non-oil growth and creating jobs for Saudi nationals rema...
Volume/Issue: 2019/290
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
Language: Arabic
ISBN: 9781513513591
Reforms are starting to yield positive results. Oil prices and production have been volatile, and uncertainties in the global oil market continue. Promoting non-oil growth and creating jobs for Saudi nationals rema...
Volume/Issue: 2019/291
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
Language: Arabic
DOI: http://dx.doi.org/10.5089/9781513513638.002
ISBN: 9781513513638
Selected Issues...
Volume/Issue: 2019/291
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
Language: Arabic
ISBN: 9781513513638
Selected Issues...
Volume/Issue: 2019/290
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
ISBN: 9781513513447
This 2019 Article IV Consultation with Saudi Arabia discusses that reforms are starting to yield positive results. Oil prices and production have been volatile, and uncertainties in the global oil market continue....
Volume/Issue: 2019/290
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
September
2019
ISBN: 9781513513447
This 2019 Article IV Consultation with Saudi Arabia discusses that reforms are starting to yield positive results. Oil prices and production have been volatile, and uncertainties in the global oil market continue....
Volume/Issue: 2019/52
Series: IMF Working Papers
Author(s):
Yinqiu Lu
, and
Yilin Wang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
March
2019
ISBN: 9781498302562
The way central banks manage their foreign reserve assets has evolved over the past decades. One
major trend is managing reserves in two or more tranches-liquidity tranche and investment
tranche-especially for thos...
Volume/Issue: 2019/52
Series: IMF Working Papers
Author(s):
Yinqiu Lu
, and
Yilin Wang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
March
2019
DOI: http://dx.doi.org/10.5089/9781498302562.001
ISBN: 9781498302562
The way central banks manage their foreign reserve assets has evolved over the past decades. One
major trend is managing reserves in two or more tranches-liquidity tranche and investment
tranche-especially for thos...
Volume/Issue: 2018/278
Series: IMF Working Papers
Author(s):
Olumuyiwa Adedeji
,
Sohaib Shahid
, and
Ling Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
December
2018
DOI: http://dx.doi.org/10.5089/9781484388792.001
ISBN: 9781484388792
This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from Saudi Arabia to Bahrain are found to be sizeable and statistically significant, but those to othe...
Volume/Issue: 2018/278
Series: IMF Working Papers
Author(s):
Olumuyiwa Adedeji
,
Sohaib Shahid
, and
Ling Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
December
2018
ISBN: 9781484388792
This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from Saudi Arabia to Bahrain are found to be sizeable and statistically significant, but those to othe...
Volume/Issue: 2018/058
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
December
2018
ISBN: 9781498310307
"Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a large impact on growth. Such measures can support higher, sustained, and more inclusive growth...
Volume/Issue: 2018/057
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
December
2018
ISBN: 9781498310284
"Financial systems in the GCC have developed significantly over the last couple of decades, but there appears to be further room for progress. The development of bank and equity markets has been supported by a comb...
Volume/Issue: 2018/057
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
December
2018
DOI: http://dx.doi.org/10.5089/9781498310284.007
ISBN: 9781498310284
"Financial systems in the GCC have developed significantly over the last couple of decades, but there appears to be further room for progress. The development of bank and equity markets has been supported by a comb...
Volume/Issue: 2018/058
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
December
2018
DOI: http://dx.doi.org/10.5089/9781498310307.007
ISBN: 9781498310307
"Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a large impact on growth. Such measures can support higher, sustained, and more inclusive growth...
Volume/Issue: 2018/263
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
ISBN: 9781484374269
This 2018 Article IV Consultation highlights that Saudi Arabia's real GDP growth is expected to increase to 1.9 percent in 2018, with non-oil growth strengthening to 2.3 percent. Growth is expected to pick-up furth...
Volume/Issue: 2018/264
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
DOI: http://dx.doi.org/10.5089/9781484374382.002
ISBN: 9781484374382
This Selected Issues paper suggests that while the government should continue to work on clearly defining its fiscal policy objectives, at this stage the focus of reforms should be to continue to strengthen the fis...
Volume/Issue: 2018/263
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
DOI: http://dx.doi.org/10.5089/9781484374269.002
ISBN: 9781484374269
This 2018 Article IV Consultation highlights that Saudi Arabia's real GDP growth is expected to increase to 1.9 percent in 2018, with non-oil growth strengthening to 2.3 percent. Growth is expected to pick-up furth...
Volume/Issue: 2018/263
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
Language: Arabic
DOI: http://dx.doi.org/10.5089/9781484374344.002
ISBN: 9781484374344
Reform momentum remains strong under Vision 2030. New reform initiatives
are being rolled-out under the Vision Realization Programs (VRPs). Oil prices have risen
over the past year and are positively affecting fisc...
Volume/Issue: 2018/263
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
Language: Arabic
ISBN: 9781484374344
Reform momentum remains strong under Vision 2030. New reform initiatives
are being rolled-out under the Vision Realization Programs (VRPs). Oil prices have risen
over the past year and are positively affecting fisc...
Volume/Issue: 2018/263
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
ISBN: 9781484374269
This 2018 Article IV Consultation highlights that Saudi Arabia's real GDP growth is expected to increase to 1.9 percent in 2018, with non-oil growth strengthening to 2.3 percent. Growth is expected to pick-up furth...
Volume/Issue: 2018/263
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
ISBN: 9781484374269
This 2018 Article IV Consultation highlights that Saudi Arabia's real GDP growth is expected to increase to 1.9 percent in 2018, with non-oil growth strengthening to 2.3 percent. Growth is expected to pick-up furth...
Volume/Issue: 2018/264
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
ISBN: 9781484374382
This Selected Issues paper suggests that while the government should continue to work on clearly defining its fiscal policy objectives, at this stage the focus of reforms should be to continue to strengthen the fis...
Volume/Issue: 2018/264
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
ISBN: 9781484374382
This Selected Issues paper suggests that while the government should continue to work on clearly defining its fiscal policy objectives, at this stage the focus of reforms should be to continue to strengthen the fis...
Volume/Issue: 2018/264
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
ISBN: 9781484374382
This Selected Issues paper suggests that while the government should continue to work on clearly defining its fiscal policy objectives, at this stage the focus of reforms should be to continue to strengthen the fis...
Volume/Issue: 2018/264
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
Language: Arabic
DOI: http://dx.doi.org/10.5089/9781484374481.002
ISBN: 9781484374481
Selected Issues...
Volume/Issue: 2018/264
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
August
2018
Language: Arabic
ISBN: 9781484374481
Selected Issues...
Volume/Issue: 2018/98
Series: IMF Working Papers
Author(s):
Nidhaleddine Ben Cheikh
,
Sami Ben Naceur
,
Oussama Kanaan
, and
Christophe Rault
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
May
2018
DOI: http://dx.doi.org/10.5089/9781484353622.001
ISBN: 9781484353622
Our paper examines the effect of oil price changes on Gulf Cooperation Council (GCC) stock markets using nonlinear smooth transition regression (STR) models. Contrary to conventional wisdom, our empirical results r...
Volume/Issue: 2018/98
Series: IMF Working Papers
Author(s):
Nidhaleddine Ben Cheikh
,
Sami Ben Naceur
,
Oussama Kanaan
, and
Christophe Rault
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
May
2018
ISBN: 9781484353622
Our paper examines the effect of oil price changes on Gulf Cooperation Council (GCC) stock markets using nonlinear smooth transition regression (STR) models. Contrary to conventional wisdom, our empirical results r...
Volume/Issue: 2018/6
Series: Departmental Papers / Policy Papers
Author(s):
Edward Gemayel
,
Lorraine Ocampos
,
Matteo Ghilardi
, and
James Aylward
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
April
2018
DOI: http://dx.doi.org/10.5089/9781484337165.087
ISBN: 9781484337165
Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...
Volume/Issue: 2018/6
Series: Departmental Papers / Policy Papers
Author(s):
Edward Gemayel
,
Lorraine Ocampos
,
Matteo Ghilardi
, and
James Aylward
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
April
2018
ISBN: 9781484337165
Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Rising Challenges
The pursuit of multiple goals with public payrolls—often with limited success—has left several countries in the region with high wage bills at a time of heightened...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Comparison with Global Peers
Public wage bills in the MENAP region are higher than in other emerging market and developing economies (Figure 2.1).
1...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Management of public sector wage bills has emerged as an important policy challenge for the region. Reflecting legacies from the past—including the large role of the state—as well as considerable oil wealth...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Policy Objectives
Employment
In many areas of the MENAP region, high wage bills reflect the traditional role of the state as the employer of first reso...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Economic and social challenges have intensified across the Middle East and Central Asia. Despite a stronger global economy, the growth outlook for the region remains subdued (IMF 2017). Weak economic growth...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Public Service Delivery
Higher wage bills have on average not produced better service delivery, though public services are also affected by other considerations (Figures 4.1 and 4.2)...
Volume: 18
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
DOI: http://dx.doi.org/10.5089/9781484336731.087
ISBN: 9781484336731
Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...
Volume: 18
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...
Series: Departmental Papers / Policy Papers
Author(s):
Natalia Tamirisa
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
January
2018
ISBN: 9781484336731
Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...
Volume/Issue: 2017/071
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
December
2017
ISBN: 9781498346108
This notification summarizes the outcome of consultations with Washington-based representatives of participants in the General Arrangements to Borrow (GAB) on a possible renewal of the GAB decision. By way of backg...
Volume/Issue: 2017/071
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
December
2017
DOI: http://dx.doi.org/10.5089/9781498346108.007
ISBN: 9781498346108
This notification summarizes the outcome of consultations with Washington-based representatives of participants in the General Arrangements to Borrow (GAB) on a possible renewal of the GAB decision. By way of backg...
Volume/Issue: 2017/065
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
December
2017
ISBN: 9781498346214
growth in expenditure, GCC governments have started to implement significant fiscal consolidation measures, but more needs to be done. Rapid population growth and booming oil revenues led to large increases in gove...
Volume/Issue: 2017/064
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
December
2017
ISBN: 9781498346207
Effective liquidity management is important to promote macro-financial stability in the GCC countries. Fixed exchange rate regimes provide credible nominal anchors in the GCC countries, but combined with open capit...
Volume/Issue: 2017/066
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
December
2017
ISBN: 9781498346191
Global economic activity is gaining momentum. Global growth is forecast at 3.6 percent this year, and 3.7 percent in 2018, compared to 3.2 percent in 2016. Risks around this forecast are broadly balanced in the nea...
Volume/Issue: 2017/065
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
December
2017
DOI: http://dx.doi.org/10.5089/9781498346214.007
ISBN: 9781498346214
growth in expenditure, GCC governments have started to implement significant fiscal consolidation measures, but more needs to be done. Rapid population growth and booming oil revenues led to large increases in gove...
Volume/Issue: 2017/064
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
December
2017
DOI: http://dx.doi.org/10.5089/9781498346207.007
ISBN: 9781498346207
Effective liquidity management is important to promote macro-financial stability in the GCC countries. Fixed exchange rate regimes provide credible nominal anchors in the GCC countries, but combined with open capit...
Volume/Issue: 2017/066
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
December
2017
DOI: http://dx.doi.org/10.5089/9781498346191.007
ISBN: 9781498346191
Global economic activity is gaining momentum. Global growth is forecast at 3.6 percent this year, and 3.7 percent in 2018, compared to 3.2 percent in 2016. Risks around this forecast are broadly balanced in the nea...
Volume/Issue: 2017/316
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
October
2017
ISBN: 9781484323175
This 2017 Article IV Consultation highlights Saudi Arabia's launch of a bold reform program under Vision 2030, announced in 2016. The authorities have made considerable progress in initiating the implementation of...
Volume/Issue: 2017/316
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
October
2017
DOI: http://dx.doi.org/10.5089/9781484323175.002
ISBN: 9781484323175
This 2017 Article IV Consultation highlights Saudi Arabia's launch of a bold reform program under Vision 2030, announced in 2016. The authorities have made considerable progress in initiating the implementation of...
Volume/Issue: 2017/318
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
October
2017
DOI: http://dx.doi.org/10.5089/9781484323458.002
ISBN: 9781484323458
This paper assesses the stability of Saudi Arabia's financial system as a whole. Banks-the core of the Saudi financial system-remain liquid and resilient. Stress tests show that most banks, including all systemical...
Volume/Issue: 2017/317
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
October
2017
DOI: http://dx.doi.org/10.5089/9781484323243.002
ISBN: 9781484323243
This Selected Issues paper looks at the appropriate scope and pace of fiscal adjustment in Saudi Arabia. The economy of Saudi Arabia has started to feel the impact of the fiscal adjustment. The fiscal space analysi...
Volume/Issue: 2017/318
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
October
2017
ISBN: 9781484323458
This paper assesses the stability of Saudi Arabia's financial system as a whole. Banks-the core of the Saudi financial system-remain liquid and resilient. Stress tests show that most banks, including all systemical...
Volume/Issue: 2017/316
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
October
2017
ISBN: 9781484323175
This 2017 Article IV Consultation highlights Saudi Arabia's launch of a bold reform program under Vision 2030, announced in 2016. The authorities have made considerable progress in initiating the implementation of...