| From IHT: The combined economic growth of the six Gulf Arab oil-exporting countries is expected to fall to 3.5 percent this year from 6.8 percent in 2008, according to the International Monetary Fund.
Masood Ahmed, director of the IMF's Middle East and Central Asia department, said Sunday in Dubai that the countries - Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman and Bahrain - were expected as a whole to post a fiscal deficit representing 3.1 percent of gross domestic product, compared with a surplus of 22.8 percent of GDP in 2008..... Full Article: Source
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