oil sector. Also, with a young population base, the GCC is well positioned to reap the demographic dividend. • The 2010 Saudi budget highlights the strong government commitment to a long-term economic transformation. Education and health care remains the key spending priorities boosting the country's human capital base. The main emphasis of the record SR260 billion budget is on long-term capital spending, Saudi Gazette noted. The GCC is made up of Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman.
