World Bank forecasts 3.2% GCC growth in 2025, says smart spending is key to sustained growth
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The GCC region's economic outlook is improving, with real GDP projected to grow to 3.2% in 2025 and 4.5% in 2026, driven by easing OPEC+ supply cuts and strong non-oil sector expansion. Prudent fiscal spending and strategic reforms are crucial for maximizing employment, sustainability, and diversification outcomes. However, challenges remain, including global trade conflicts and oil price volatility. What's Your Reaction?
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