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1 – 10 of 10The 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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The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…
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DOI: 10.1108/OXAN-DB282874
ISSN: 2633-304X
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GULF STATES: Non-oil sectors will grow strongly
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DOI: 10.1108/OXAN-ES281002
ISSN: 2633-304X
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Geographic
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Like other fuel-importing countries in the Middle East and North Africa (MENA), it has large structural fiscal and current account deficits. These have resulted in climbing…
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DOI: 10.1108/OXAN-DB282177
ISSN: 2633-304X
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The stability of the lira since June 2022 is primarily a result of President Recep Tayyip Erdogan’s government shoring up the currency despite cutting interest rates. The…
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DOI: 10.1108/OXAN-DB275967
ISSN: 2633-304X
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GULF STATES: Interest rates will mirror US rates
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DOI: 10.1108/OXAN-ES277936
ISSN: 2633-304X
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GULF STATES: Interest rates will follow US rates
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DOI: 10.1108/OXAN-ES275735
ISSN: 2633-304X
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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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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
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Geographic
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QATAR: Long crisis will likely bruise Gulf economies