ASSESSMENTS
Gulf Cooperation Council: A Bulwark of Subsidies for Bahrain and Oman
Mar 10, 2011 | 21:06 GMT
KARIM SAHIB/AFP/Getty Images
Summary
The Gulf Cooperation Council — the organization of Gulf Arab states — has announced the formation of a $20 billion financial assistance fund to help stabilize some of their weaker members. While it is odd for one country to give another country raw cash as a grant, in this case the Gulf Arabs all face the same problem.
Proceed to sign up
Register NowAlready have an account?
Sign In