Middle Eastern states to lose their wealth of $2 trillion by 2034, says IMF
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A report prepared by IMF has revealed that the middle eastern states are on the verge of losing their wealth by 2034, and one apparent reason for this is the falling demand for oil. Those countries which majorly depends on the oil business for their growth really need to focus on an alternative, as due to the slowdown in the demand and supply of the crude oil, it is being speculated that they will soon face economic crisis.