EXACTLY WHY ECONOMIC REFORMS IN GCC STATES ARE GROUNDBREAKING

Exactly why economic reforms in GCC states are groundbreaking

To shore up their balance sheets, Arab Gulf countries are seizing the chance presented by high oil rates to improve their creditworthiness.In past booms, all that central banks of GCC petrostates wanted was stable yields and few shocks. They often parked the money at Western banks or purchased super-safe government securities. However, the modern l

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