State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges

Author/Editor:

Ernesto Ramirez Rigo ; Christine J. Richmond ; Oluremi Akin Olugbade ; Gareth Anderson ; Maria Atamanchuk ; Hatim Bukhari ; Iacovos Ioannou ; Deeksha Kale ; Tannous Kass-Hanna ; Maximilien Queyranne ; Wei Shi ; Joyce Wong

Publication Date:

September 20, 2021

Electronic Access:

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Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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:

Frequency:

occasional

English

Publication Date:

September 20, 2021

ISBN/ISSN:

9781513594088/2616-5333

Stock No:

SOEMENACAEA

Pages:

152

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