Search results
1 – 10 of 21The 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…
Details
DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
Keywords
Geographic
Topical
Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…
Details
DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB282874
ISSN: 2633-304X
Keywords
Geographic
Topical
SAUDI ARABIA: Budget deficit will grow further
Details
DOI: 10.1108/OXAN-ES281042
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…
Details
DOI: 10.1108/OXAN-DB278862
ISSN: 2633-304X
Keywords
Geographic
Topical
Kuwait’s sixth government in two years took office in October pledging to accelerate the slow reform of an economy that is overwhelmingly dominated by the state’s spending of…
Details
DOI: 10.1108/OXAN-DB274363
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for the Gulf states in 2017.
Details
DOI: 10.1108/OXAN-DB216142
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB257928
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for fossil fuels to end-2016.
Details
DOI: 10.1108/OXAN-DB211632
ISSN: 2633-304X
Keywords
Geographic
Topical
Many producers, facing budgetary pressures because of low oil prices, support output restraint, but they need to act in concert. Russia and Saudi Arabia have offered a freeze…