IMF Forecasts $1 Trillion Windfall For Oil Exporters, Higher Savings in Gulf

IMF Forecasts $1 Trillion Windfall For Oil Exporters, Higher Savings in Gulf

The International Monetary Fund expects energy exporters in the Middle East and Central Asia to make a cumulative windfall of around $1 trillion during 2022-2026, a bonanza that will contribute greatly to the Gulf Arab economies because they will save much more of their oil revenues. The influx of petrodollars would be higher than projected […]