State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges
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Summary:
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.
Series:
Departmental Paper No 2021/019
Subject:
Corporate governance COVID-19 Economic sectors Fiscal policy Fiscal risks Health Political economy Public enterprises Public financial management (PFM) Public sector
Frequency:
occasional
English
Publication Date:
September 20, 2021
ISBN/ISSN:
9781513594088/2616-5333
Stock No:
SOEMENACAEA
Pages:
152
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