GCC budget spending estimated at $542.1bln for 2025: GCC-STAT

 The Statistical Centre for the Cooperation Council for the Arab States of the Gulf (GCC-STAT) has estimated that government revenues in 2025 totalled US$487.8 billion, while expenditures reached US$542.1 billion, resulting in an estimated deficit of US$54.3 billion. According to data released by the Centre, government revenues in GCC countries…