Middle East Economic Survey
VOL. LIII
No 32
9-Aug-2010
REGIONAL
Moodys: Hesitant And Varied Regional Recovery Underway
Moodys Investors Service has reiterated its belief that 2010 will be a year of improvement for the Middle East. Buoyant oil prices and accumulating financial assets enable most Gulf states to maintain a degree of fiscal stimulus, it said in its Middle East Sovereign Outlook: 2010 Mid-Year Update. This should spur private activity despite still weak consumer confidence and sluggish...
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