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A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia »
Article
Source: A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia
Volume/Issue: 2018/6
Series: Departmental Papers / Policy Papers
Author(s): Edward Gemayel , Lorraine Ocampos , Matteo Ghilardi , and James Aylward
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 April 2018
ISBN: 9781484337165
Keywords: Growth acceleration, Uzbekistan, Afghanistan, Islamic Republic of, Iran, Islamic Republic of, Libyan Arab Jamahiriya, Syrian Arab Republic, Yemen, Republic of, Saudi Arabia, Somalia, Sudan
Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...