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Business & Management

The global economic crisis has further widened the competitiveness gap between the countries of the Gulf Cooperation Council (GCC) and the rest of the Arab world region, according to the Arab World Competitiveness Review 2010.

Saudi Arabia is expected to overshoot public spending by as much as 20 per cent as part of an ongoing expansionary fiscal policy funded by strong oil prices and aimed at cementing the domestic economy.

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