Government debt across the Gulf has risen sharply over the past few years, but only in the smaller countries of Bahrain and Oman do we consider it to be a major source of concern. Financial support from their richer neighbours should prevent full-blown debt crises, but growth is likely to slow as the pace of fiscal austerity is stepped up.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services