Middle East and North Africa Investment Policy Perspectives
Middle East and North Africa Investment Policy Perspectives highlights the considerable progress in investment policies made by the region’s governments over the past decade. Yet, the reform momentum needs to be sustained and deepened for the benefits of investment to be shared with society at large and for growth to be sustainable, particularly in the context of the COVID-19 pandemic and resulting global economic upheaval. The publication takes stock of investment policy trends and reforms in Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia, and draws out common challenges, offering suggestions of reform priorities. It considers several dimensions of the policy framework that affect the investment climate and places strong emphasis on how foreign investment can help economies of the region improve their citizens’ lives. The publication serves as reference point, informing policymakers on specific areas as they continue work on leveraging investment to advance inclusive and sustainable growth.
Overview and key policy messages
Middle East and North African governments have advanced notable reforms to improve the investment environment in the past decade. But further efforts are required to leverage investment to advance inclusive and sustainable development, and support recovery from the economic crisis provoked by the global pandemic. This chapter provides an overview of liberalisation reforms and investment climate constraints in the region, drawing out common challenges shared by the eight diverse economies. It offers an overarching reform agenda based on the main findings and policy considerations of MENA Investment Policy Perspectives.
Also available in: French
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