Middle East Economic Survey

VOL. LIII

No 46

15-Nov-2010

REGIONAL

IMF: Strengthening Of GCC Financial Systems Needed

The global economic recovery should allow GCC countries to maintain fiscal stimulus measures over the next year, though rising inflation in some cases poses some risk to these efforts, the IMF has said. The outlook for the GCC countries has improved considerably thanks to the ongoing global recovery and the stabilization in oil prices, IMF First Deputy Managing Director John...