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MENA sovereigns: Only Abu Dhabi, Qatar will have fiscal surpluses in 2021
Gulf Cooperation Council sovereigns will experience significant narrowing of fiscal deficits/GDP in 2021, said Fitch Ratings in a report on Tuesday. Nevertheless, fiscal deficits will remain high, particularly in Kuwait and Bahrain. “We expect only Abu Dhabi and Qatar to eke out fiscal surpluses. Persistent deficits elsewhere will lead to…
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