IMF chief: Middle East, Central Asia need reforms to overcome economic challenges.

IMF's Director Jihad Azour highlights that the Middle East and Central Asia face significant economic challenges due to regional fragmentation and the war in Ukraine. He emphasizes the need for structural reforms and tailored strategies to boost competitiveness and attract foreign investment. Azour also stresses the importance of shifting governance to support private sector growth and maximizing the economic potential of the region's resource wealth through transparency and institutional reforms.

November 23, 2024
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