Economy & Finance

The Middle East’s largest economies have long sought to reduce their dangerous dependency on oil revenues, with Saudi Arabia’s high-profile Vision 2030 just the latest in a long list of such strategies. Even the region’s smaller economies have fallen into the trap of heavily subsidizing fuels and electricity, and are increasingly struggling with the financial impact.

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1: Morocco’s Economy Is Set For Its Highest Contraction (GDP Growth %) On Record This Year...

Off A Cliff: Lebanon’s Economy Is Set To Contract 25% This Year (GDP Growth, %)

Oman Public Finances ($Bn): Muscat Ran A $2.3bn Deficit In H1, And Lower Oil Prices Will See The Damage Grow Further In H2

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