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Digital Solutions for Small Businesses in the Middle East and North Africa

2020-09-22T13:45:41-04:00September 22, 2020|

By Inutu Lukonga

عربي, Français

Small and medium-sized enterprises dominate the business landscape in the Middle East and North Africa region. These enterprises account for more than 90 percent of the region’s businesses and, in some countries, contribute as much as 50 percent of employment and 70 percent of GDP.

Yet they face impediments to growth, and their contribution to employment is below potential. […]

COVID-19 Pandemic and the Middle East and Central Asia: Region Facing Dual Shock

2020-05-13T11:31:00-04:00March 23, 2020|

This blog is part of a series providing regional analysis on the effects of the coronavirus.

By Jihad Azour

عربي, Español, Français, Português, Русский

The impact of COVID-19 and the oil price plunge in the Middle East and the Caucasus and Central Asia has been substantial and could intensify. With three-quarters of the countries reporting at least one confirmed case […]

Ensuring the Benefits of Capital Flows in the Middle East

2021-05-13T12:56:12-04:00January 15, 2020|

By Jihad Azour and Ling Zhu

عربي, Français

Since the global financial crisis of 2008, emerging market economies have experienced a surge in capital flows in response to significant monetary easing by major central banks. Gross capital inflows to the Middle East and North Africa (MENA) have remained high compared to other emerging markets, but their composition has changed significantly, with a surge in portfolio flows […]

Haonan Qu

2020-01-10T15:27:38-05:00August 9, 2018|

Haonan Qu is an economist on the euro area team from the European Department at the IMF, working on structural reform and Brexit-related issues. Previously he worked on Bosnia and Herzegovina in the context of IMF lending programs, and covered Saudi Arabia and Qatar when he was in the Middle East and Central Asia Department. He also looked into […]

Joannes Mongardini

2018-02-12T11:20:16-05:00February 6, 2018|

Joannes Mongardini is a deputy division chief in the IMF’s Research Department. At the IMF, his work to date has covered a wide range of countries—including Benin, Colombia, Egypt, Estonia, Jordan, Lebanon, the Republic of Congo, and Swaziland—and policy issues, like exchange rates, macroprudential policy, and regional integration. While on leave from the Fund, Mr. Mongardini worked for two […]

Sovereign Wealth Funds in the New Era of Oil

2019-03-27T14:37:31-04:00October 26, 2015|

By Rabah Arezki, Adnan Mazarei, and Ananthakrishnan Prasad 

(Versions in عربي and 中文)

As a result of the oil price plunge, the major oil-exporting countries are facing budget deficits for the first time in years. The growth in the assets of their sovereign wealth funds, which were rising at a rapid rate until recently, is now slowing; some have started drawing on their buffers.

In the […]

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