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Low oil prices curb growth in Arab Gulf states - Financial Times
Financial Times | Low oil prices curb growth in Arab Gulf states Financial Times The International Monetary Fund cut economic growth forecasts for the Arab Gulf states to 0.5 per cent this year as the region continued to feel the effects of low oil prices and regional conflict, but predicted growth would “bottom out” and rebound to ... IMF tells Gulf states to speed up switch from oil 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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