Public Debt and Fiscal Vulnerability in the Middle East /

Public debt in the Middle East increased during the mid-1990s mainly because of fiscal expansions. It decreased in recent years, thanks to high oil revenue, economic growth, some primary non-oil fiscal adjustment, and debt relief. While countries in the Middle East appear to have adequately reacted...

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Bibliographic Details
Main Author: Soderling, Ludvig
Other Authors: Hommes, Martin, Morsy, Hanan, Petri, Martin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/012
Online Access:Full text available on IMF