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Podcast: Moody's Talks - Emerging Markets Decoded
Episode: Sovereign wealth fund drawdowns will help meet elevated funding needs across Gulf
Description: Inside this episodeAlexander Perjessy and Thaddeus Best of the Sovereign team discuss our forecasts for a protracted recovery of Gulf Cooperation Council economies this year, and the unique availability of these governments to tap into sovereign wealth fund assets to plug their fiscal deficits.Related ContentMoody's Emerging Markets Hub Bringing clarity to ever-shifting credit dynamics across emerging economies.Sovereigns – Gulf Cooperation Council 2021 outlook negative as pandemic curbs fiscal strength, adds to labour challenges The pandemic will dampen oil revenue, extending the deterioration in fiscal strength experienced in 2020, while constraining government spending and sl...