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  1. IMF Says Morocco’s 2012 Growth Slows To 3.2%

    ...14 2015 2016 2017 2018 Output and Prices (Annual % Change) Real GDP 3.6 5.0 3.2 4....

    Volume: 56
    Issue: 07
    Published at Fri, 15 Feb 2013

  2. Record Saudi Earnings Boost 2013 Budget Expenditure

    ...just accordingly, said Mr Reeve. “Current spending will remain reasonably strong, but capital spending will continue to be reined in,” he commented. Saudi economist Turki al-Huqail warned in a report published last month in Sharq al-Awsat that Saudi Arabia would need an oil price of $106/B by 2017 if th...

    Volume: 56
    Issue: 01
    Published at Fri, 04 Jan 2013

  3. Kuwait 2012-13 Budget Maintains Record Spending

    ...ternational Monetary Fund (IMF) in May this year said that Kuwait’s spending is unsustainable and warned that “government expenditure will exhaust all oil revenues by 2017” and that fiscal consolidation is needed in the medium term if current trends continue. But this was dismissed by economists who ma...

    Volume: 55
    Issue: 48
    Published at Fri, 23 Nov 2012

  4. IMF: Hydrocarbon Dependence Leaves GCC Exposed

    ...ending These levels of spending however are unsustainable in the longer-run, the IMF said, suggesting the GCC members should plan to reduce their government spending to make budgets more sustainable. Failure to do so could result in the group’s combined surplus turning into a deficit by as early as 2017...

    Volume: 55
    Issue: 45
    Published at Fri, 02 Nov 2012