Insight
How long can Middle East governments withstand low oil prices?
Report summary
This Insight presents our estimates of ‘fiscal breakevens’ for the major oil producing economies of the Middle East – Iran, Iraq, Kuwait, Saudi Arabia and the UAE. These provide an indication of the fiscal pressure facing these governments. The question is how sustainable are fiscal positions in the Middle East given our oil price outlook?
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- How long can Middle East governments withstand low oil prices?
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