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Thursday, 30 April 2020

[Video Posted] CACI Online Forum: The 2020 IMF Economic Outlook for the Caucasus and Central Asia: Adjusted for COVID-19 Featured

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The 2020 IMF Economic Outlook for the Caucasus and Central Asia: Adjusted for COVID 19

Countries in the Middle East and Central Asia region have been hit by two large and reinforcing shocks, resulting in significantly weaker growth projections in 2020. The COVID-19 pandemic and the plunge in oil prices are causing economic turmoil in addition to the devastating toll on human health in the region. The immediate policy priority is to save lives with much needed health spending, regardless of fiscal space, while preserving engines of growth with targeted support to households and hard-hit sectors. In this context, the IMF has provided emergency assistance to help countries in the region during these challenging times. Looking ahead, economic recoveries should be supported with broad fiscal and monetary measures where policy space is available, and by seeking external assistance where space is limited.

Opening Remarks and Conclusion by Frederick Starr, Chairman, Central Asia-Caucasus Institute at AFPC

Presentation by Juha Kahkonen, Deputy Director, Middle East and Central Asia, Department, IMF

Moderator: Mamuka Tsereteli, Senior Fellow, Central Asia-Caucasus Institute at AFPC

When: Thursday, April 30,  2020 from 10-11 am EST

The event was live-streamed on our YouTube Channel and is available now.

Read 1569 times Last modified on Thursday, 08 October 2020