We help policymakers and businesses address some of their most critical policy and strategic questions
- The fiscal imperative
- The economic imperative
- The environmental imperative
- The social imperative
The fiscal imperative
How to improve the impact of public spending?
How to maintain sustainable levels of debt to fund public investments?
What should be the priorities in the medium-term fiscal plan?
How to diversify fiscal revenue sources?
What would be the effects of introducing a new tax or service fee?
Using economic analysis to guide strategic decisions, simulating market dynamics and policy impacts to enhance understanding of complex economic interactions
- Computable General Equilibrium (CGE) Models
- Social Accounting Matrix (SAM) Models
- Partial Equilibrium Models
- Macroeconometric Models
Drawing actionable insight from data through descriptive analytics and visualisation tools and decision support through business & financial modelling
- Descriptive Analytics
- Diagnostic Analytics
- Data Visualisation / Dashboard Development
- Decision Analytics / Modelling
Using statistical modelling & artificial intelligence techniques to create predictive (forecast) / prescriptive (recommendation) models to augment human decisions
- Predictive Analytics
- Prescriptive Analytics
- Simulation
- Generative AI
The process of designing and implementing a coherent and effective framework for collecting, storing, sharing and using data to achieve business goals and create value
- Data Strategy
- Data Modelling
- Data Integration
- Data Architecture
How can we help you?
Our team of economists and sustainability experts champion leading practices and bring deep expertise across four broad areas. Click on the proposition links below to learn more about our areas of expertise:
We can support policymakers and businesses make better spending decisions
Appraisal, monitoring and evaluation
Impact assessment frameworks and tools
Impact investing
Client case studies
Designing a national public investment management framework
Context:
PwC was engaged to design an overall framework for public investment management (PIM) for a GCC country, as well as a strategy for implementation. The framework aims to streamline how investment decisions are made and executed across public spending entities.
Our Approach:
Conducted a comprehensive assessment of PIM practices globally across 11 jurisdictions
Developed 14 design options based on six legal framework design principles, resulting in preliminary recommendations for the legislation underpinning the future PIM framework
Designed a high-level blueprint for managing PIM across government entities, including identifying investments subject to the Framework, and designing processes, governance, toolkits, and enablers for PIM to be effectively implemented
Developed a roadmap for the PIM toolkit, including its guidance, tools, and templates, and a multi-year transformation strategy for the framework's rollout
Outcomes and Impact:
As a result of our support, the client was equipped with the design, strategy, knowledge and tools to launch the country-wide PIM transformation journey and is expected to drive significant improvements in public expenditure efficiency.
Developing a net zero strategy and action plan
Context:
PwC was engaged by a GCC sovereign wealth fund to support the implementation of a sustainability strategy and to develop a Net Zero Action Plan (NZAP).
Our Approach:
Reviewed and refined the client’s sustainability strategy ensuring that it is competitive against regional and global peers
Developed an in-depth Net Zero Action Plan (NZAP) covering the client’s operations, supply chain and customers
Worked with the client’s asset management business to develop and deliver sustainability initiatives, design KPIs and cascaded these to individual teams
Supported teams to change their practices to meet targets
Identified enhancements to streamline the collection of sustainability data
Outcomes and Impact:
As a result of our support, the client successfully translated the sustainability strategy into actionable plans and initiatives for its primary operations. These initiatives were also translated into clear guidelines for its asset management business to guide investment allocation decisions.
Socio-economic impact assessment of culture & entertainment assets
Context:
PwC carried out a socio-economic impact assessment of culture and entertainment assets across three phases of the asset life cycle in a major future planned city.
Our Approach:
Conducted a socio-economic impact assessment of 11 culture and entertainment assets expected to be built in the new city
The impacts were assessed across three phases of the asset life cycle (construction, operations and enabled), which allowed the assessment to holistically cover impacts generated across different areas such as construction activities, operational activities, and off-site expenditure by visitors who come to visit these assets.
The assessment also covered both the upstream and downstream impacts across the value chain.
Outcomes and Impact:
As a result of our impact assessment, the client was able to assess and understand the holistic GDP and employment impacts of culture and entertainment assets. This supports evidence-based decision making to determine investments in specific culture and entertainment assets, which may not happen purely on the financial case, and establish clear targets and objectives for future achievements in these sectors in the city.
Setup and activation of a policy advisory and advocacy unit
Context:
PwC was engaged by a centre of government entity in the GCC to develop its core policy function, which sets the standard for policy appraisal, and advocacy within the government body as well as for other government entities.
Our Approach:
Developed a standardised framework for advocacy across government, with supporting toolbox, including manual, templates, and supporting tools.
Designed the organisational set-up of the new policy unit, including defining its strategy and operating model
Implemented capability building through on-the-job learning, formal training, and onboarding of new staff.
Outcomes and Impact:
As a result of our support, the client has a clear policy appraisal and advocacy framework that is being rolled-out within the entity and across government departments, which has significantly streamlined the policy design and appraisal process across government.
Featured Insights:
Contact us
Richard Boxshall
Global Economics Leader and Middle East Chief Economist, PwC Middle East
Tel: +971 (0)4 304 3100
Salah Salah
Director | Public Finance and Fiscal Policy, PwC Middle East
Tel: +971 (0)54 445 5881
Sebastian Turner
Director | Impact Assessment and Economic Modelling, PwC Middle East
Tel: +966 (0)56 592 0691
James Walton
Director | Economic Policy and Strategy, PwC Middle East
Tel: +971 (0)54 793 4200
Benjamin Copley
Director | Public Finance and Fiscal Policy, PwC Middle East
Tel: +971 (0)50 230 0965
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