Arab countries must improve macro-prudential arrangements – IMF paper

IMF headquarters in Washington, DC
The IMF

Many Arab countries need to improve their macro-prudential policy regimes to cope with potential financial shocks, according to a working paper published by the International Monetary Fund.

In Macroprudential policy and financial stability in the Arab region, Ananthakrishnan Prasad, Heba Abdel Monem and Pilar Garcia Martinez say Arab countries have recently made "important strides" towards financial stability.

Nevertheless, the authors argue, many countries in the region are dependent on

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