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Arab Countries in Transition - Economic Outlook and Key Challenges - Deauville Partnership Ministerial Meeting
Author:
International Monetary Fund
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Series:
Policy Papers
Volume/Issue:
Volume 2013: Issue 070
Language:
English
Publication Date:
10 Aug 2013
DOI:
https://doi.org/10.5089/9781498341219.007
ISBN:
9781498341219
ISSN:
2663-3493
Pages:
20
Keywords:
PP; excl. grant; exchange rate; job creation; monetary policy; foreign exchange; General government balance; financial support; government balance; reform program; grant financing; financing needs; transition countries' financing gap; credit growth; Current account deficits; Government debt management; Inflation; Budget planning and preparation; Global; Middle East; Deauville partnership ministerial meeting; countries in transition; title page; key challenge; North Africa; East Africa
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In an environment of heightened socio-economic tensions, regional insecurity, and strained public finances, the Arab Countries in Transition (ACTs) 1 face the difficult task of delivering on the expectations for jobs and growth. Despite patchy improvements in some countries, economic growth remains subdued, private investment is weak, and external and fiscal buffers are running low. Fostering social cohesion and avoiding a downward spiral of economic and political malaise calls for urgent implementation of economic reforms and coordinated support from the international community.
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund