In a nutshell
- While macroeconomic policies helped the economy stabilize in the short term, development was not mainstreamed within such policies.
- Spending priorities need to change by increasing productive spending (on health and education) at the expense of current one.
- Exchange rate policy must become more sustainable to reduce the pressure on foreign reserves and boost trade and the competitiveness of the manufacturing sector.
Research Fellows
Chahir Zaki
Chaired Professor of Economics, University of Orléans