IMF urges states in Middle East, North Africa to roll back grip on local economies - News Summed Up

IMF urges states in Middle East, North Africa to roll back grip on local economies


The International Monetary Fund (IMF) called on states across the Middle East and North Africa to curb their dominance over their local economies, one of a brace of proposals it said would boost the region’s sluggish growth. “Leveling the playing field between public and private firms is a key priority," Managing Director Kristalina Georgieva said Sunday in a statement. Georgieva also called for greater participation of women in the workforce and using green investments as an engine of job creation. The region’s tax systems may also need redesigned to widen their bases and “reduce distortions," she said. Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!"


Source: The North Africa Journal October 16, 2023 01:37 UTC



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