TITLE

GCC: Falling oil prices to put pressure on economies

PUB. DATE
January 2015
SOURCE
MiddleEast Insurance Review;Jan2015, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of falling oil prices on Gulf Cooperation Council (GCC) economies, growth, and commodity exports according to a report from the Institute of Chartered Accountants in England and Wales (ICAEW). Topics covered include the countries greatly pressured by the projected 2015 breakeven prices of the International Monetary Fund, the efforts of countries in the Middle East in balancing their budgets based on the falling oil prices, and fund management.
ACCESSION #
100445086

 

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