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1 – 6 of 6The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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Geographic
Topical
The sharp drop in oil prices to around 50 dollars, half their average level last year, has forced a serious fiscal rethink among the six Gulf Cooperation Council (GCC) states, who…
Manama is seeking multiple means to adjust to the impact of the pandemic, publishing a two-year budget in November that targets a steady decline in the fiscal deficit. Although…
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DOI: 10.1108/OXAN-DB257928
ISSN: 2633-304X
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Geographic
Topical
Fuel subsidy cuts in the Middle East and North Africa.
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DOI: 10.1108/OXAN-DB230294
ISSN: 2633-304X
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Geographic
Topical
The fact that state salaries in the first half of 2020 exceeded total oil revenue underlines the scale of the task -- and the difficulty of achieving fiscal goals without major…
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DOI: 10.1108/OXAN-DB257027
ISSN: 2633-304X
Keywords
Geographic
Topical
The primary economic impact on the Gulf Cooperation Council (GCC) states of the lifting of the international sanctions on Iran on January 16 has been further weakness in oil…