What to expect budget-wise in 2021

03 November 2020
Lower oil prices have pushed Saudi Arabia to cut its planned budget for 2021, and the rest of the GCC will face large deficits if they fail to follow suit

 

 

The weight of Covid-19’s impact on regional fiscal reform efforts will cast a long shadow over future budgets. More from this month's cover story:

New normal is just like the old normal
> The Gulf’s fiscal space shrinks
Pandemic drives Gulf governments to debt markets

 

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