Gulf states set for major spending cutbacks in 2016
The collapse in oil prices has forced a dramatic rethink in fiscal policy across the GCC
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In this article
- Regional variation
- Subsidy cuts
- Revenue-raising
- Expenditure cuts
- Financing
- Local borrowing
- International borrowing
- Sovereign wealth fund assets
- Privatisation
- Outlook
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_350.jpg "Construction cranes are seen near Burj Khalifa in Dubai (Reuters/Jumana El Heloueh)")