Economic Prospects and Policy Challenges for the GCC Countries - 2021
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Summary:
GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. Infection rates have declined across the GCC to well below previous peaks, though countries have experienced successive waves of the virus, and economic recoveries have begun to take hold. Nevertheless, GCC policymakers must navigate a challenging and uncertain landscape. The pandemic continues to cloud the global outlook as countries are in different phases of recovery, with varied growth prospects and policy space
Series:
Policy Paper No. 2021/072
Subject:
Climate change COVID-19 Environment Fiscal policy Fiscal stance Health Monetary policy National accounts Oil consumption Oil prices Political economy Prices
Frequency:
occasional
English
Publication Date:
December 15, 2021
ISBN/ISSN:
9781616354879/2663-3493
Stock No:
PPEA2021072
Pages:
39
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