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Countries in the Middle East and North Africa are exposed to significant fiscal risks. This paper analyzes the sources of these fiscal risks in 17 low- and middle-income countries in the Middle East, North Africa and Pakistan region, excluding high-income Gulf countries (MENAPEG), and discusses avenues for reform to strengthen fiscal risk management. The materialization of fiscal risks in MENAPEG has been driven by macroeconomic shocks, contingent liabilities, and tail-risk events. The region has a track record of volatile economic growth and sharp exchange rate movements. High dependence on hydrocarbon revenue among MENAPEG oil and gas exporters and pervasive universal subsidies generate co...
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containing the Mayor's address, a list of the city officers and committees, members of the several boards, reports and such other documents as have been ordered printed by the Board of alderman ...
Wabasha County captures the spirit of a region and its people through rare historic photographs, many of which are previously unpublished. A truly multicultural community, Wabasha County has been home to residents of Canadian, French, English, Irish, Native American, and German origin. The earliest known pioneers, Augustine Rocque and his family, became the first white people to occupy a year-round residence in Minnesota in 1826. Within these pages, discover the people and events that have shaped Wabasha County's history over the past 170 years. Wabasha County was named after the great chief Wabashaw II. Many aspects of Wabasha's heritage are featured here, including the dewakanton Band of the Dakotas, riverboats of the Mississippi, pioneers and their descendants, and buildings throughout the area. Author Judith Giem Elliott has produced a volume that truly reflects the value Wabasha County's residents place upon their rich and colorful history.