Economic Growth after Contraction Due to the Pandemic
Gulf Cooperation Council (GCC) economies are expected to return to growth of 2.2% in 2021 following a year of economic distress, according to the World Bank’s Gulf Economic Update (GEU) titled “COVID-19 Pandemic and the Road to Diversification”. A strong global economic recovery, projected at 5.6%, as well as rising global oil prices and demand …
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