TitleLimited fiscal space puts the Arab region recovery from COVID-19 at risk
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Governments worldwide have announced fiscal stimulus packages amounting to $9.6 trillion, which includes about $100 billion in the Arab region, to fight the severe health and economic impacts of COVID-19. However, there are significant differences in stimulus packages between the developed and the developing countries. With limited fiscal space, the low- and middle-income countries face greater risks of meeting expenditure needs to recover better and mitigate the impact of COVID-19.