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IMFSurvey Magazine: Policy

Construction workers in Kuwait City: Greater diversification of the Gulf countries’ economies would lessen exposure to oil market price swings, IMF says (photo: Reuters/Jassim Mohammed)

Oil Price Drop Highlights Need for Diversity in Gulf Economies

December 23, 2014

Countries of the Gulf Cooperation Council will have to adjust the incentives of workers and firms to encourage them to work and produce in the non-oil tradable sector if these economies are to succeed in diversifying their economies, a new IMF study says.click for more

Good Administration of Oil and Mining Revenues is Vital

August 06, 2014
Effective administration of public revenues derived from the petroleum and mining industries gets a boost with the release of a new IMF handbook. Policymakers and government officials in charge of administering oil, gas and mining revenues now have practical guidelines at their disposal.click for more

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