GCC states urged to introduce taxes
MANAMA, November 30, 2015
GCC needs to bring in taxes and do away with subsidies by 2020 to ensure fiscal sustainability, a leading thinker has warned. Iraq Energy Institute founder and director Luay Al Khatteb said the GCC countries can no longer rely solely on oil revenues to finance their budgets, reported the Gulf Daily News (GDN), our sister publication.
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