The International Monetary Fund is gearing up for a huge new challenge to rebuild the economies of the turbulent Arab world, a mission that poses starkly different challenges to its Eurozone rescues.
The Arab Spring revolutions of 2010-2011 have opened doors to the IMF’s money and expertise as new governments face the need to balance their books and revive sagging growth.
Egypt and Tunisia are in negotiations over IMF loan programmes that would entail structural reforms, and the Fund is also providing technical assistance to Libya.
After Europe, IMF faces big challenge in Arab world | GulfNews.com
No comments:
Post a Comment