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GCC to Witness Slow Yet Positive Growth in 2020
March 29th, 2020 - 06:00 GMT

GCC to Witness Slow Yet Positive Growth in 2020

All GCC countries, barring Bahrain, will see positive real GDP growth in 2020 despite a massive cut in growth rates due to the impact of coronavirus and a decline in hydrocarbon earnings. While most will slip into recession this year due to lockdowns and growing restrictions by governments on the movement of people due to the outbreak of Covid-19, oil-exporting Gulf countries will still be able to maintain positive growth ...
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