World Bank forecasts 3.2% GCC growth in 2025, says smart spending...

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World Bank forecasts 3.2% GCC growth in 2025, says smart spending is key to sustained growth

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The GCC region's economic outlook is improving, with real GDP projected to grow to 3.2% in 2025 and 4.5% in 2026, driven by easing OPEC+ supply cuts and strong non-oil sector expansion. Prudent fiscal spending and strategic reforms are crucial for maximizing employment, sustainability, and diversification outcomes. However, challenges remain, including global trade conflicts and oil price volatility.

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