IMF calls for ambitious reforms
IMF calls for ambitious reforms
4/19/2014 0:00
Capitals – Agencies
International Monetary Fund said it should countries in the Middle East and North Africa make ambitious reforms to achieve sustainable growth provides more job opportunities and promote equality and diversification of the economy.
said the fund said in a statement that the challenges facing the region occupied a prominent place on the agenda of the Spring Meetings in 2014 and held by the Fund and the World Bank in Washington DC last week, and included meetings of ministers and senior government officials.
focused IMF officials on the commitment to work with all countries in the region, including the transition countries of the Arab, Egypt, Jordan, Libya, Morocco, Tunisia and Yemen – and the willingness to make efforts in this regard. said Director General of the Fund Christine Lagarde: “We have the Fund’s work with all member countries have expressed an interest in a partnership with him,” pointing to the programs that work from which the fund with Jordan, Morocco, Tunisia, and technical assistance to Egypt, Libya, and the ongoing discussions about a new program Yemen.
said fund in his statement that the economic situation for the oil-importing countries in the region is still difficult, especially that started the political transformation since more than three years.
said Masood Ahmed, Director, Middle East Fund: These countries will experience another year of economic activity Limited, which is expected to reach 3 percent growth rate almost .. the main reason for the continuation of this economic growth is modest confidence is still weak, especially in countries undergoing political transformation.
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