WHY ECONOMIC REFORMS IN GCC STATES ARE GROUNDBREAKING

Why economic reforms in GCC states are groundbreaking

Sovereign wealth funds are growing as significant investment tools in the area, diversifying nationwide economies.The 2022-23 account surplus of the Gulf's petrostates marked a turning point approximately two-thirds of a trillion dollars. In the past, nearly all of this surplus would have gone straight to central banks' foreign exchange reserves.

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