Middle East Economic Survey
VOL. LIII
No 31
2-Aug-2010
REGIONAL
IMF Says GCC Should Prepare For Exit Strategy From High Spending Levels
Fiscal stimulus has been successful in dampening the impact of the global crisis on non-oil growth, but the Gulf Cooperation Council (GCC) countries should prepare for an exit strategy from current high spending levels, to ensure long-term fiscal sustainability, which would be implemented once conditions allow, the IMF said on 21 July in a report entitled Impact...
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