As declining oil prices threaten GCC, IMF suggests growth in other areas

Declining oil prices continue to cause financial hardship and lack of liquidity for Gulf Cooperation Council countries, though data from the International Monetary Fund says there is room for growth in the region. The six GCC countries are facing slowed fiscal growth as well. The IMF's Adnan Mazarei told Gulf News Journal that growth in the private-sector will become key in job creation. Read More »