The Arab Monetary Fund has released a technical study, “The Productivity and Growth Assessment Framework (PGAF)”, setting out an analytical approach to assess the sources of economic growth with a focus on total factor productivity and production inputs. The study reviews how productivity, capital and labour have contributed to growth over time, using a framework that benchmarks Arab countries’ performance against regional and international peers to help interpret macroeconomic characteristics and dynamics. It highlights the role of improving resource-use efficiency and structural factors that support productivity in fostering more sustainable and resilient growth, and concludes that balanced, data-driven economic policies are important to strengthen productivity and growth pathways in Arab economies.
Arab Monetary Fund 2025-12-31
Arab Monetary Fund publishes Productivity and Growth Assessment Framework study on total factor productivity and long-term growth
The Arab Monetary Fund's study, “The Productivity and Growth Assessment Framework (PGAF),” analyzes economic growth sources, emphasizing total factor productivity and production inputs, and benchmarks Arab countries against regional and international peers. It underscores efficient resource use and structural factors for sustainable growth, advocating balanced, data-driven economic policies in Arab economies.