Skip to main content

How sustainable is the Gulf’s fiscal splurge?

We’ve argued for some time that the Gulf economies should outperform the rest of the MENA region over the next couple of years, in large part thanks to large increases in government spending. But while the Gulf’s fiscal positions are among the strongest in the world, they are also increasingly reliant on oil prices remaining high. In this Watch, we take a closer look at what this could mean for the region.

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.