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Macro View

INTERVIEW-UAE GDP growth seen at 3.5pct in 2016-econ min

GCC states have proposed value-added taxes of 3 to 5 percent starting 2018, the UAE economy minister said.

GCC speeds up fiscal reform as growth slows

Gulf Arab states will require more than USD 250 billion over the next two years to plug budget deficits.

Iraq has no plans to lift fuel subsidies-govt adviser

Baghdad will keep fuel subsidies in place while working with the IMF to improve financial management.

Iraq seeking USD6bn from IMF,World Bank-adviser

The Iraqi government may also issue local bonds worth USD 6.2 billion next year to help finance its budget deficit, a government adviser said.

 
 
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