IMF Says Gulf Economies Really Are Weaning Themselves Off Oil

Kristalina Georgieva

Photographer: Ting Shen/Bloomberg
Lock
This article is for subscribers only.

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

Governments in the energy-producing Gulf region have made progress toward diversifying their economies away from oil by opening up to private investment and breaking the taboo of collecting taxes, the head of the International Monetary Fund said.