February 24, 2025
‎GCC region’s non-hydrocarbon growth momentum remains strong: IMF

The GCC region’s non-hydrocarbon growth momentum remains strong, driven by higher domestic demand, increased gross capital inflows, and reform implementation, the International Monetary Fund (IMF) said in a report today, Dec. 14.

A comprehensive package of policies should be implemented to respond to near-term shocks and uncertainty and to firmly address medium- and long-term challenges…
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