Skip to main content

Fiscal woes in the resource-poor countries

High energy prices have widened the fiscal gap in the Middle East. In the oil-rich Gulf States, the governments are awash with oil money. Meanwhile, the resource-poor Arab countries are struggling with the increased cost of food and fuel subsidies, which are intended to manage the social unrest. Moreover, the slowdown in economic activity has pushed government revenues down.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.