The GCC-Stat reports low financial risks for GCC countries in the short term, supported by stable or declining global interest rates and improved sovereign bond ratings in 2023. Credit attractiveness is expected to rise, enabling lower-cost debt rescheduling. Public debt is projected to stabilise at 28% of GDP for 2024–2025, with reforms focusing on efficient public spending and non-oil sector growth to balance economic growth and fiscal sustainability. More Read @ Zawya
