Author
International Monetary Fund. Middle East and Central Asia Dept.
Publication Date
2020
Publication Place
Washington, D.C. -
International Monetary Fund
Subject
Analysis of Health Care Markets, Communicable diseases, Covid-19, Diseases: Contagious, Energy: Demand and Supply, Energy: General, Fiscal Policy, Fiscal policy, Fiscal stance, Health Behavior, Health care, Health Policy, Health systems & services, Infectious & contagious diseases, International Economics, International institutions, Investment & securities, Investments: Energy, Macroeconomics, Medical care, Oil prices, Oil, Petroleum industry and trade, Prices, Kyrgyz Republic
Type
Book
Language
Arabic
Digital
Yes
Manuscript
No
Pages Count
29
Library
Wesleyan University Library
Library Asset ID
ISBN : 9781513560014, ISBN : 1513560018
Record ID
alma9933318103803768
Library Location
See online access
Date
2020
Notes
Countries of the Middle East and Central Asia region have been hit by two large and reinforcing shocks, resulting in significantly weaker growth projections in 2020. In addition to the devastating toll on human health, the COVID-19 pandemic and the plunge in oil prices are causing economic turmoil in the region, with fragile and conflict affected states particularlyhard-hit given already large humanitarian and refugee challenges and weak health infrastructures. The immediate priority for policies is to save lives with needed health spending, regardless of fiscal space, while preserving engines of growth with targeted support to households and hard-hit sectors. In this context, the IMF has been providing emergency assistance to help countries in the region during these challenging times. Further ahead, economic recoveries should be supported with broad fiscal and monetary measures where policy space is available, and by seeking external assistance where space is limited.
Seri
Regional Economic Outlook
