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This is the second article in our layperson’s series How Economic Data Deceives. In our first article, we described some of the inaccuracies: Vested Interests - It may suit the agendas of those commissioning, preparing, and revealing economic information to deceive us for their own political, commercial, or personal ends. Delays - Slow collection and… ....
Why do only four companies control 90% of the supply? The answer lies in the desire of the majority of voters to have the federal government regulate industry. ....
ABU DHABI, 20th January, 2022 (WAM) The UAE participated in the seventh Annual Meeting of Arab Finance Deputies, which was organised by the Arab Monetary Fund (AMF) and took place virtually on 19th and 20th January 2022. The meeting was attended by Arab finance deputies, as well as experts from the International Monetary Fund (IMF), the World Bank and the Organisation for Economic Co-operation and Development (OECD). Younis Haji Al Khoori, Under-Secretary of Ministry of Finance (MoF), headed the UAE delegation, which included Abdullah. ....
COVID-19 challenged healthcare systems across the Middle East and North Africa, many of which were overburdened even before the pandemic began. High public wage bills crowded out investments in social services such as health, a syndrome described as “fiscal myopia” by a new World Bank report. The report predicts a tenuous and uneven recovery as countries emerge from COVID-19, which will also be influenced by the widely varying pace of vaccination rates across the region. ....