Public finance of GCC countries witnessed significant financial surplus in 2022, 2023: GCC-Stat

MUSCAT, 28th December, 2024 (WAM) -- The data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicate that the financial risks of the GCC countries will be low in the short term amid forecasts of stable or declining interest rates locally and globally.

The reports issued by Credit rating agencies also signalled an improvement in the sovereign bond ratin