United Arab Emirates

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451876327
Size: 62.35 MB
Format: PDF
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This Selected Issues paper on the United Arab Emirates highlights the achievements in the diversification of the economy and the developments and outlook of the hydrocarbon sector. The political structure of the Federation gives a great deal of independence to the individual Emirates in pursuing an economic strategy based on their respective comparative advantages. Openness to trade, trade facilitation, and a favorable business environment have enhanced non-oil diversification by stimulating trade and trade-related services.

United Arab Emirates

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1475522258
Size: 20.14 MB
Format: PDF, Docs
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This Selected Issues paper discusses performance and risks posed by government-related entities (GREs) in the United Arab Emirates (UAE). GREs continue to be a major source of growth and development for the UAE, but they also pose significant fiscal and financial risks. GREs’ debt remains high in the UAE, although it is declining and remains actively managed. To mitigate GREs’ risks, the authorities should build on recent progress and develop an integrated approach, including implementing prudent fiscal policies, enhancing macro- and microprudential frameworks, controlling GREs’ borrowing and integrating them into the public debt management framework, and further strengthening corporate governance and transparency.

United Arab Emirates Selected Issues

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1498344542
Size: 45.91 MB
Format: PDF, ePub
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This Selected Issues paper focuses on the real estate market and Expo 2020 in the United Arab Emirates. It discusses the measures that could mitigate risks associated with the real estate cycle and the international experience with real estate booms and hosting large events such as World Expos, Olympic Games, and World Cup tournaments. The paper discusses the recent developments in the segments of the real estate market in Abu Dhabi and Dubai, focusing on changes in sales prices, rents, and supply in the market. It also takes stock of measures the authorities have introduced recently to reduce the potential for speculative pressure in the real estate market.

United Arab Emirates Selected Issues And Statistical Appendix

Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451801125
Size: 49.43 MB
Format: PDF
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This Selected Issues paper and Statistical Appendix presents five essays examining issues in the United Arab Emirates related to the financial sector, long-term fiscal trends, fiscal sustainability, the competitiveness of the non-oil economy, and the labor market, as well as estimates of the real gross domestic income. The paper presents trends of financial soundness indicators; recent developments in the nascent equity, bond, and insurance markets; as well as progress made in implementing legislation on antimoney laundering and the combating of terrorism financing. It also assesses long-term trends and cross-Emirate variation in the fiscal structure.

Imf Survey No 6 2003

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 145528100X
Size: 37.36 MB
Format: PDF, ePub
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The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx

Sudan Selected Issues

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484365593
Size: 79.12 MB
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This Selected Issues paper examines the monetary policy framework in Sudan, and assesses the effectiveness of monetary transmission mechanism since the secession of South Sudan. The econometric analysis concludes that reserve money, the exchange rate, and private sector credit are the main determinants of inflation after the secession of South Sudan and that the transmission lags have been shortened significantly compared with previous studies. These findings reinforce the need for a comprehensive package of fiscal and monetary measures that strengthens the monetary policy framework and improves its effectiveness.

Qatar Selected Issues

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484369335
Size: 12.97 MB
Format: PDF, ePub
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This Selected Issues paper assesses efficiency of Qatar public investment. It discusses the trends in public capital spending and the rationale for improving public investment efficiency. The paper outlines three alternative methods for analyzing efficiency, and presents the main results. The results suggest that the efficiency of Qatar public investment spending is broadly comparable to GCC peers, but could be improved further. It is also concluded that strengthening fiscal institutions, particularly with an integrated public investment management process and a medium-term fiscal policy framework, is the key for improving public investment efficiency in Qatar.

Algeria Selected Issues Paper

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1498398626
Size: 10.56 MB
Format: PDF, Docs
View: 1896
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This Selected Issues paper discusses the need to meet Algeria’s fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections, Algeria will deplete its financial savings in the long term, leaving future generations worse off. To restore fiscal sustainability and ensure intergenerational equity, Algeria will need to undertake significant and sustained fiscal consolidation in the coming years. Successful fiscal consolidation will depend on both mobilizing more revenues and rationalizing expenditures. If done right, fiscal consolidation can restore sustainability while minimizing the impact on economic growth and enhancing equity.