WHY ECONOMIC REFORMS IN GCC STATES ARE GROUNDBREAKING

Why economic reforms in GCC states are groundbreaking

To shore up their balance sheets, Arab Gulf states are seizing the ability presented by high oil rates to boost their creditworthiness.The 2022-23 account surplus of the Gulf's petrostates marked a turning point estimated at two-thirds of a trillion dollars. In the past, nearly all of this surplus would have gone straight into central banks' foreig

read more