Survey
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
Download United Arab Emirates
Document related concepts
no text concepts found
Transcript
United Arab Emirates . . . . . -. - . - . February - . 2003 GCC Economic Integration Dept. Economic Convergence Part II 1 Bahrain . . . . -. February - . 2003 GCC Economic Integration Dept. Economic Convergence Part II 2 Saudi Arabia . . . . - . - . - . February 2003 GCC Economic Integration Dept. Economic Convergence Part II 3 Oman . . -. - . - . - . - . February 2003 GCC Economic Integration Dept. Economic Convergence Part II 4 Qatar Qatar . . . . . - . - . - . - . February 2003 GCC Economic Integration Dept. Economic Convergence Part II 5 Kuwait . . . . . . . . - . - . - . - . February 2003 GCC Economic Integration Dept. Economic Convergence Part II 6 Path of All Deficit/GDP Ratios 1975-2000 Qatar KSA % deficit /GDP ratio Kuwait Bahrain Oman - UAE UAE deficit/GDP Oman deficit/GDP February 2003 Bahrain deficit/GDP Qatar deficit/GDP GCC Economic Integration Dept. Economic Convergence Part II KSA deficit/GDP Kuwait deficit/GDP 7 Public Debt - Questions Problems of definition: what should be included in the debt? - Central government’s borrowing only, or all borrowing made by public institutions, including government business enterprises. What is more important: external debt, or the total debt liability of the government? What constitutes debt? Borrowing from banks and other lending institutions only, or should it include all borrowing, including from governmentrun funds, suchGCC asEconomic pension funds and social February 2003 Integration Dept. 8 insurance funds?Economic Convergence Part II Domestic Public Debt Dom est ic Public Debt % of GDP Bahr ain KSA Om an Qat ar Kuwait February 2003 GCC Economic Integration Dept. Economic Convergence Part II 9 percent Path of domestic debt/gdp ratio Bahrain February 2003 KSA Oman GCC Economic Integration Dept. Economic Convergence Part II Qatar Kuwait 10 External Debt/GDP Ratio External Debt as % of GDP % UAE Bahrain KSA Om an Qatar Kuwait February 2003 GCC Economic Integration Dept. Economic Convergence Part II 11 percent Path of External Debt/GDP Ratio qqq` UAE February 2003 Bahrain KSA Oman GCC Economic Integration Dept. Economic Convergence Part II Qatar Kuwait 12 END Economic Integration Department Gulf Cooperation Council (GCC) Economic Affairs Riyadh, Saudi Arabia Office+966 1 482-7777 X 1540, 1837 February 2003 Fax +966 1 482-7716 Email [email protected] GCC Economic Integration Dept. Economic Convergence Part II 13
Related documents