Low oil prices set to accelerate Gulf subsidy reform
After a decade of high oil prices and high public spending, Gulf states face a serious fiscal squeeze in the years ahead
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In this article
- Protecting salaries
- Subsidy cuts
- Capital spending cuts
- Kuwait
- Qatar
- Taxes
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_350.jpg "Saudi Electricity Company's Central Operation Area, south of Riyadh (Reuters/Fahad Shadeed)")