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flag GCC countries report financial surpluses, with public debt stabilizing at 28% of GDP.

flag GCC countries saw significant financial surpluses in 2022 and 2023, with public debt expected to stabilize at 28% of GDP in the next two years. flag Credit ratings are improving, and public revenues, largely from oil, reached $641 billion in 2023, with spending also hitting a high of $639 billion. flag Despite public debt doubling over a decade to $628 billion, financial risks remain low with stable interest rates.

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