World Economy
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IMF Warning

IMF WarningIMF Warning

Governments in the energy-rich Persian Gulf need to balance their budgets more urgently in the medium term as oil prices decline, NewsGolbal quoted International Monetary Fund Managing Director Christine Lagarde as saying. Oil prices have fallen by around 25% since the summer, Lagarde said in a statement, a move that would affect fiscal balances in the region.

 

Financialtribune.com