In the aftermath of the Arab uprisings, many countries are facing serious balance of payment problems, mounting external debt, and record-low foreign exchange reserves. In an attempt to curb concerns, several countries in the region – Egypt, Jordan, Morocco, Tunisia, Yemen – are in various loan discussions with the International Monetary Fund (IMF), but questions remain over the impact IMF funds will have on sustainable development.
Are the fiscal, monetary, tax, and investment policies advised by the IMF facilitating or hindering the building of inclusive economies in Arab countries? Will public expenditure for strengthening education, health, and other social sectors be safeguarded or slashed? Do governments have the political space to implement recommended reforms?
New America invites you to join us on April 22, as our panelists discuss these and other issues with a focus on developmental needs in the region.