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Abu Dhabi on track to record fiscal surplus this year
The Abu Dhabi government could record a fiscal surplus this year at oil prices around $50/bbl (Dh183.50) according to forecasts by Bank of America Merrill Lynch. “The 2017 budget does not include the impact of Opec-mandated cuts but is based on an oil price assumption of $50/bbl [versus $40/bbl in…
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Click here to read the full story: Gulf News