{"id":515462,"date":"2022-08-20T10:19:07","date_gmt":"2022-08-20T04:49:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=515462"},"modified":"2022-08-20T11:10:21","modified_gmt":"2022-08-20T05:40:21","slug":"gulf-states-to-gain-1-3-trillion-in-additional-oil-revenue-by-2026-imf","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gulf-states-to-gain-1-3-trillion-in-additional-oil-revenue-by-2026-imf\/","title":{"rendered":"Gulf states to gain $1.3 trillion in additional oil revenue by 2026: IMF"},"content":{"rendered":"<p>Countries in the Middle East are expected to gain up to $1.3 trillion in the next four years from additional oil revenues, according to the International Monetary Fund (IMF). The gains, due to high oil prices, will provide &#8216;firepower&#8217; to the region&#8217;s sovereign wealth funds (SWFs), according to Financial Times (FT).<\/p>\n<p>The region&#8217;s oil and gas exporters, especially the Gulf countries, &#8220;will see additional cumulative oil revenues of $1.3 trillion through 2026,&#8221; IMF director for the Middle East and North Africa Jihad Azour was quoted as saying by FT. <\/p>\n<p>Most of the oil and gas exporters in the region have large SWFs and have been using them to use the windfall in further investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Countries in the Middle East are expected to gain up to $1.3 trillion in the next four years from additional oil revenues, according to the International Monetary Fund (IMF). The gains, due to high oil prices, will provide &#8216;firepower&#8217; to the region&#8217;s sovereign wealth funds (SWFs), according to Financial Times (FT). The region&#8217;s oil and gas exporters, especially the Gulf countries, &#8220;will see additional cumulative oil revenues of $1.3 trillion through 2026,&#8221; IMF director for the Middle East and North Africa Jihad Azour was quoted as saying by FT. Most of the oil and gas exporters in the region have [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-515462","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=515462"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515462\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=515462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=515462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=515462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}