Gulf states must create jobs to avoid unemployment due to decreases in oil reserves | The National:
"At least 51 million jobs are needed by 2020 to avoid a rise in unemployment among Arabian Gulf nationals, experts have warned.
With regional oil reserves decreasing, a major challenge will be to move towards wealth creation by the private sector.
“We can see, based on projections by the International Monetary Fund, that between now and 2017, there are structural changes happening in the world,” said Dr Hatem Al Shanfari, a professor in economics and finance at Sultan Qaboos University and a member of the board of governors at the Central Bank of Oman."
'via Blog this'
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