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Gulf states starting to feel the pinch of cheap oil

Gulf countries have lost billions of dollars because of the fall in oil prices. Saudi Arabia, Bahrain, Kuwait and the United Arab Emirates all now need to cut spending and find new sources of income. In an unprecedented move they are mulling the introduction of income and VAT taxes, while slashing subsidies, all this despite the risk of antagonising the population. FRANCE 24's team reports from the United Arab Emirates.


A programme prepared by Patrick Lovett, Elom Marcel Toble and Claire Pryde.

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