GDP

ICAEW has also lowered its 2024 inflation forecast for the GCC region to 2.2 percent this year and 2.1 percent next year

This represents a significant increase compared to the previous fiscal year, when the surplus was only $2.43 billion

The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025

One in four developing economies is expected to remain poorer than it was on the eve of the pandemic in 2019

Dollar accounts for over 60 percent of global central bank reserves, making it the world’s most widely held currency

The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023
