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GCC, 19% GDP growth in 2006
- Saudi Arabia: Sunday, December 31 - 2006 at 08:31
The GCC is expected to record a nominal GDP growth of nearly 19% in 2006, according to a report by the Institute of International Finance and cited by the Khaleej Times. The combined GDP of all six GCC nations will reach $725bn, with a current account surplus of $230bn this year and $220bn next year.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 31 - 2006 at 08:31 UAE local time (GMT+4)
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This article was updated on Sat Jan 13 2007.
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