Fiscal policy response to public debt in the Arab region

The paper examines three crucial aspects of fiscal sustainability in Arab countries: (1) general government gross debt to GDP; (2) the fiscal balances to GDP; and (3) the fiscal policy responses to debt, which essentially assesses whether governments take corrective measures when the debt to GDP ratio starts rising or they let it grow. The focus is on low and middle-income countries of the region as they face major concerns of fiscal sustainability challenges than the oil-rich countries.

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