Developing debt market in Arab countries
e International Monetary Fund to improve the efficiency and performance of public and private debt markets. It identifies policies and frameworks to develop local markets, enhance liquidity, reduce financing costs and mitigate risks, taking each country’s circumstances and experience into account.
Objectives
The initiative aims to develop local debt markets in member countries and strengthen their functioning, efficiency and liquidity. It also seeks to identify policies that enable public and private sectors to access financing at lower costs while limiting risks.
Technical Assistance
The initiative provides technical assistance to member countries to support local debt market development. Beneficiary countries include Bahrain, Jordan, Morocco, Oman, Algeria, Egypt, Tunisia and Kuwait.
Cooperation with regional and international bodies
The initiative brings together the Arab Monetary Fund and the International Monetary Fund to identify frameworks that help member countries develop local debt markets, drawing on each country’s experience and needs.