REGIONAL

 

GCC Growth ‘Robust’ Despite Geopolitical, Economic Headwinds-IMF

 

The overall economic outlook for the six GCC countries “remains favorable,” but growth, though “robust”, is set to ease over the next few years, the IMF says in its recent “Economics Prospects and Policy Challenges for the GCC Countries” report.

The report says non-oil growth is weakening as the growth in government spending seen in recent years eases....