Q&A with Masood Ahmed, IMF

Regional Views
Special Feature
With Dr. Florence Eid-Oakden, Chief Economist  
This quarter, we conducted our Special Feature dialogue with Masood Ahmed, Director of the IMF's Middle East & Central Asia Department. We share some highlights here:
  • “Key areas include continuing with fuel price reforms that some governments have been able to initiate and wage reform to control the wage bill.”
  • “If designed well, the VAT could generate as much as 1.5-2% of GDP (or about 2.5-3.5% of non-oil GDP) in revenue in the GCC, even with relatively low rates.”
  • “Governments can help by designing employment strategies that encompass all aspects of job creation.”

Every quarter, Arabia Monitor publishes a Special Feature dialogue with regional leaders including central bank governors, ministers and executives.

To access this report, please click here.