27.02.2023

IMF Growth Forecasting and Debt Sustainability in the MENA region

The economic and fiscal impact of the COVID-19 pandemic led to a drastic deterioration of the debt situation in developing countries.

The regional project “Economic Policies for Social Justice in MENA” of the Friedrich-Ebert Stiftung (FES) is pleased to invite you to a hybrid conference roundtable on “IMF Growth Forecasting and Debt Sustainability”, taking place in Tunis, Tunisia on 02 March 2023 at 2 p.m Tunis time (UTC+1).

FES published In September 2022 a study called “A decade of rosy forecasts: How IMF debt sustainability analyses underestimated debt risks in the MENA region”, which analysed the IMF’s forecasting practice over the past 10 years in three exemplary countries of the MENA region (Jordan, Morocco, Tunisia). The study shows that over-optimistic baseline scenarios were a regular and intrinsic part of programmes and analyses. 

The event aims to present the study and its findings and potential consequences for future reforms. It is also an opportunity to open the discussion with IMF representatives as well as CSOs monitoring IMF programs in their countries and regions.

The seminar will be in English and Arabic with simultaneous interpretation into both languages.

We would be delighted to have you with us at this conference.

For registration, please use the link.