GCC benefitting from ‘relentless’ economic reforms besides high oil prices, IMF chief says – The National

GCC benefitting from ‘relentless’ economic reforms besides high oil prices, IMF chief says – The National

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Gulf economies are performing well due to the “relentless” pursuit of reforms and not just because of high oil and gas prices, International Monetary Fund managing director Kristalina Georgieva said on Monday.

“There is this impression that the only reason the Gulf countries are doing well is high oil and gas prices — this is not true,” Ms Georgieva said at the World Government Summit in Dubai.