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What can Middle East and North Africa (MENA) countries do to create opportunity for their growing (and increasingly youthful) working aged populations? With official unemployment rates among the highest in the World, devising economic policies that will spur private-led growth in the non-oil sectors is a central challenge for MENA governments today. Remnants of central planning, excessive regulation and state ownership, combine with weaknesses in market support institutions to crucially constrain private-led growth.
The Finance and Private Sector Development unit assists governments in MENA countries to:
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Strengthen the institutional foundations for effective markets;
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Promote open and competitive markets for products, inputs and finance;
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Improve service delivery and social safety nets through public-private partnerships.
This work helps to create broader opportunity for entrepreneurship, employment and growth.
For more information, see Private Sector Brief
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