Comment & Analysis
Gulf Sovereigns’ funding needs could be USD 560 billion
In a study “GCC Sovereigns’ Financing Needs In 2015-2019 Could Total $560 Billion,” S&P Global Ratings says the consequences of the sharp fall in oil prices are clearly visible in Gulf Cooperation Council sovereigns’ fiscal and external accounts. The region’s funding requirement has been mounting since 2015, when the drop…
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Click here to read the full story: Wealth Monitor