1. Saudi Arabia Doubles Deficit Forecast For 2025

    ...reseeable future, but strong economic growth in recent years means that as a share of GDP, the deficits are expected to be considerably less than over the 2014-2020 period. By way of comparison, this year’s forecast $65.3bn deficit is comparable with 2017’s $63.6bn figure. But while the 2017 deficit was eq...

    Volume: 68
    Issue: 40
    Published at Fri, 03 Oct 2025
  2. Iraq Looks To Tap Unbanked Savings With Domestic Bond Issue

    ...rket. In August 2017, it issued $1bn in its first independent bond offering at an annual rate of 6.752% which is due in 2023. In January of the same year, Baghdad – with the full guarantee of the United States government – issued another $1bn at 2.149% which is due in January next year. Previously, a $2....

    Volume: 64
    Issue: 40
    Published at Fri, 08 Oct 2021
  3. Saudi Steps Up Spending In Bid To Boost Economy

    ...lf of 2018 that will see the budget deficit nearly quadruple from 1H 2018. Nevertheless, the expected $39.5bn deficit announced in revised Ministry of Finance figures is still considerably less than 2017’s $63.6bn. Government figures show that the kingdom accrued a deficit of $11.1bn in the first ha...

    Volume: 61
    Issue: 40
    Published at Fri, 05 Oct 2018
  4. Abu Dhabi In $10bn Bond, Prices Tighter Than Saudi

    ...bt to help bridge budget deficits brought about by low oil prices since mid-2014. At the same time investor demand for GCC bond issues remains strong. According to reports quoting the Abu Dhabi bond prospectus, the emirate expects its fiscal deficit to narrow to $3.74bn in 2017 from $7.05bn in 20...

    Volume: 60
    Issue: 40
    Published at Fri, 06 Oct 2017
  5. IMF Praises Iran’s Planned Reforms, But Implementation Is Questionable

    ...The IMF says Iran’s economic reforms are on the right track. But Tehran has a fight on its hands to implement the reform plans before the 2017 presidential elections. The IMF concluded its second visit to Iran since May this week – and only its second since the 1979 revolution – and is...

    Volume: 59
    Issue: 40
    Published at Fri, 07 Oct 2016