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Gulf oil dependency poses long-term stability risk

Location:

GULF STATES

Diversification outlook in the GCC.

Gulf states will face privatisation challenges

Location:

GULF STATES

The outlook for Gulf privatisation.

Oman will struggle to balance social and fiscal needs

Location:

OMAN

The additional income is being partly used to direct support to poorer segments of society. However, this has not ended the mounting popular pressure for accelerated change. The…

Gulf taxation plans will not plug fiscal deficits

Location:

GULF STATES

Taxation in the Gulf.

Financing shortfall will push Oman to uneasy austerity

Location:

OMAN

A fiscal crunch exacerbated by the pandemic and associated oil-price crash has forced the authorities to step up long-term ‘Omanisation’ efforts, ultimately taking pressure off…

Omani fiscal plans will depend on social impact

Location:

OMAN

Leading international credit ratings agencies had upgraded their outlook for Oman in early 2023. Positive reviews reflect the sultanate’s improved financial performance in 2022…

Gulf states’ austerity will hit foreign workers

Location:

GULF STATES

GCC austerity squeezing foreign workers.

Oman's state-society relations may slowly change

Location:

OMAN

Many welcomed the decision, believing it reflected the authorities’ acknowledgement of social realities. The decision also builds on other changes to state-society relations, such…

Oil and gas prices boost Oman's financial position

Location:

OMAN

The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…

Oman and Bahrain are the most vulnerable Gulf states

Location:

BAHRAIN/OMAN

Oman and Bahrain, already struggling with rising public debt levels and high fiscal deficits, are in the most exposed medium-term position.