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IMF tells Gulf states to speed up switch from oil - Economic Times
Financial Times | IMF tells Gulf states to speed up switch from oil Economic Times The IMF on Tuesday advised energy-rich Gulf economies to speed up their diversification away from oil after projecting the worst growth for the region since the global financial crisis. Oil exporters in the Middle East, especially those in the Gulf ... Low oil prices curb growth in Arab Gulf states IMF projects deficits of $320B for Mideast oil exporters If the price of oil goes up, the appetite for reform will go down, says the IMF's MENA director |
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