State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges
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Mr. Ernesto Ramirez Rigo
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Christine J. Richmond
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Oluremi Akin Olugbade
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Gareth Anderson https://isni.org/isni/0000000404811396 International Monetary Fund

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Maria Atamanchuk
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Mr. Hatim Bukhari https://isni.org/isni/0000000404811396 International Monetary Fund

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Iacovos Ioannou https://isni.org/isni/0000000404811396 International Monetary Fund

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Deeksha Kale
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Tannous Kass-Hanna
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Mr. Maximilien Queyranne
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Wei Shi
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Joyce Wong
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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.
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Departmental Papers