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OECD and ERIME Forecast Declining OPEC Deficit in 1985
The Organization for Economic Cooperation and Development (OECD) has published forecasts of OPEC's aggregate current account which indicate a substantial improvement over previous years. In the June issue of the OECD's Economic Outlook, a deficit of $10bn in 1984 is forecast to decline to $4bn in 1985 and to remain at this level during 1986. The OPEC countries' exports...
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