Lower public spending holding back Middle East and Central Asia

middle-east

Countries in the Middle East and Central Asia lag behind their peers in other regions in part due to a lack of public spending, says a paper published by the International Monetary Fund today (September 28).

Socioeconomic outcomes are poorer partly as a result of political conflicts destabilising numerous jurisdictions. However, this trend is reinforced by “lower levels of public spending on health, education and social protection, as well as a relative inefficiency of spending compared to

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