Uprisings sweeping the Middle East and North Africa could eventually boost regional economies, but for now many countries there face a tough path dealing with entrenched unemployment, soaring prices and industries strained by the unrest, the International Monetary Fund said Wednesday
The Washington-based body is urging Mideast leaders to do more to create jobs for a wider segment of the population while tackling deep-seated corruption. Doing so would begin to address the economic grievances that have fueled protests across the region.
"The unfolding events make it clear that reforms, and even rapid economic growth ... cannot be sustained unless they create jobs for the rapidly growing labor force and are accompanied by social policies for the most vulnerable," the fund said.
No comments:
Post a Comment