The Middle East and North Africa Gap: Prosperity for the rich, austerity for the rest

Overview

This briefing paper examines growing inequality in the Middle East and North Africa (MENA) region, focusing on Egypt, Lebanon, Morocco and Tunisia in the wake of the Covid-19 pandemic and the cost of living crisis. It examines the lack of adequate and just taxation systems across the region, particularly wealth taxes. This limits governments’ fiscal space and their spending on public services, resulting in gender discrimination and the widening of the MENA inequality gap to a chasm. The rich must pay their fair share. Austerity in the MENA region cannot become the norm. Taxing the profits of the region’s richest people will provide critical recourses that are currently lacking but would begin to close the chasm between the rich and the rest.