Four priorities for a new agenda for investment in MENA
On the occasion of the OECD-MENA Ministerial Conference, I plead to my peers in the region: let us not waste this opportunity. Let us make our own the four key policy priorities identified by the new OECD publication “Middle East and North Africa Investment Policy Perspectives”:
First, we need to strive to improve our investment legal frameworks towards more transparency and clarity, and fewer cases of discretion and corruption
Second, we need to advance bolder reforms of the business environment to boost competition and support a dynamic private sector
Third, we must ensure that investment promotion strategies and sustainable development goals are complementary objectives
Fourth, we should strengthen our institutional and governance frameworks to deliver better investment policy: a whole-of-government approach, responsive to the needs of the private sector, is of utmost importance to our investment promotion and facilitation efforts
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