Arab Monetary Fund releases a study on "macro and sectoral implications of oil price decrease on oil-exporting countries"

A decrease in oil price in the major Arab oil-exporting countries leads to negative effects on the real GDP and its demand and supply components


The study reveals that the oil sector is still an important determinant of economic activity in the Arab oil-exporting countries and called for more diversification efforts 

In line with its continuous efforts to support the decision-making process in the Arab countries, the Arab Monetary Fund (AMF) released a study on "Macro and sectoral implications of oil price decrease on oil-exporting countries".

The study assesses the effects of oil price decreases on all other real sectors than the oil sector for Arab net oil-exporting countries. Results show that a decline in oil price shock leads to negative effects on the real Gross Domestic Product (GDP) and its principal demand and supply components.

Consequently, the study calls for more efforts to build more resilience towards oil fluctuations by diversifying fiscal revenues. As diversification towards creating more non-oil revenues advances, this leads to gradually decoupling changes in public spending from changes in oil prices.

A full version of the study is available at the link: 

Send us your press releases to

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases