IMF: Persian Gulf states need ‘Major adjustments’

On December 27, 2015, Posted by , In News, By , With No Comments

The International Monetary Fund (IMF) warned not enough is being done by oil-rich Persian Gulf states and other major Middle East oil exporters to counter the drop in global oil prices. According to dispatches, the IMF report said that there needs for “major adjustments” in the fiscal policies of the…