Published in The National
Last week, the Bahrain government announced the discovery of large natural resource deposits, including approximately 80 billion barrels of shale oil, and 20 trillion cubic feet of natural gas. While there remain questions over the precise extraction cost, and the volume of recoverable oil and gas, at this stage, Bahrainis should feel reasonably confident that they will experience a significant windfall in the coming years. How should the government look to spend it?
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