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The first quarterly budget report for 2018 issued by the Ministry of Finance shows oil revenue is already resurging. The introduction of value-added tax (VAT) in January has also…
The protests that started in February to object to plans by former President Abdelaziz Bouteflika to stand for a fifth term show little sign of letting up, despite his…
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DOI: 10.1108/OXAN-DB249098
ISSN: 2633-304X
Keywords
Geographic
Topical
This development is at the centre of 'Vision 2030', the kingdom's new medium-term strategy for reducing reliance on crude oil revenue and improving economic efficiency. The…
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DOI: 10.1108/OXAN-DB211021
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for the Gulf states to end-2018.
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DOI: 10.1108/OXAN-DB235589
ISSN: 2633-304X
Keywords
Geographic
Topical
Manama exceeded its own fiscal and economic expectations in 2022, as the budget came close to balance one year earlier than targeted and real non-oil GDP surged by 6.2%, driving…
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DOI: 10.1108/OXAN-DB278862
ISSN: 2633-304X
Keywords
Geographic
Topical
Meanwhile, the government is struggling with significant accumulated debt, including USD11.8bn that is scheduled to be repaid to the IMF over the next two years alone. The IMF…
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DOI: 10.1108/OXAN-DB282002
ISSN: 2633-304X
Keywords
Geographic
Topical
The outlook for economic reform.
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DOI: 10.1108/OXAN-DB210097
ISSN: 2633-304X
Keywords
Geographic
Topical
It also looked at government-proposed amendments to another law aiming to reduce the scope for tax evasion in the Aqaba Special Economic Zone. Recent developments including the…
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DOI: 10.1108/OXAN-DB261608
ISSN: 2633-304X
Keywords
Geographic
Topical
The outlook for the Saudi private sector.
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DOI: 10.1108/OXAN-DB226135
ISSN: 2633-304X
Keywords
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…