My thought of the day
If oil prices are up 50% why are government salaries up only 25%? Do we know where all the rest of the UAE windfall is going?
If oil prices are up 50% why are government salaries up only 25%? Do we know where all the rest of the UAE windfall is going?
posted by John B. Chilton at 4/17/2005 05:56:00 AM
3 Comments:
To ADIA, presumably.
Do you know anything about this country?
There's a big return to land, resource ownership, entrepreneurship, and financial capital?
Anonymous,
I know as little as I have been able to find out. I know what Abu Dhabi Investment Authority is, but what little I know about it comes primarily from the IMF country report, which more clout than I do, rather from information provided to the public by the ADIA.
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