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Moody's Talks - Emerging Markets Decoded
Episode 23
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February 17, 2021
Sovereign wealth fund drawdowns will help meet elevated funding needs across Gulf
Inside this episode
Alexander Perjessy and Thaddeus Best of the Sovereign team discuss our forecasts for a protracted recovery of Gulf Cooperation Council economies this year, and the unique availability of these governments to tap into sovereign wealth fund assets to plug their fiscal deficits.
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- Sovereign and Supranational — Sovereigns – Gulf Cooperation Council: Saudi Arabia, Oman most exposed to diminishing fiscal uplift from SWFs The coronavirus-driven decline in oil demand and prices has significantly increased gross financing requirements for Gulf Cooperation Council (GCC).