Wednesday 21, November 2012 by Isla MacFarlane

Fitch forecasts solid economic performance for GCC in 2013

In its first quarterly GCC Sovereign Credit Overview Fitch Ratings forecasts that economic growth in the Gulf Cooperation Council (GCC) will slow in 2013 owing to a moderation in oil production growth, but that high oil prices and production will provide a supportive backdrop for another year of solid non-oil growth.

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