资料:FASTcarswhizzaround,mallsarefullofexpensiveluxuriesandcranesdominatetheskyline.ButscratchtheshimmeringsurfaceoftheGulfandyousoonfindcountrieshurtingfromthelowoilprice,currentlyaround$40abarrel.Growthisslowingandunemploymentisrising.Policymakersevendareutterathree-letter“t”worduntilrecentlytaboo:tax. OiliscentraltothesixGulfCo-operationCouncil(GC C)states,whichhaveusedthewindfallofthepastfewyearstospendlavishly.Unlikemanyoilexporters,suchasNigeriaandVenezuela,theyhavehighforeign-exchangereservesandlowdebtstocovershort-termgaps.Butpublicspendingisgenerousandtheprivatesectorisheavilyreliantonoiltoboot.Tobesustainableinaneraoflowerprices.therulersmustchangethestructureoftheireconomies. TheIMFreckonstheloweroilpriceknocked$340billionoffAraboil-exportingstates’governmentrevenuesin2015.Thisyearislookingworse.Moody’s,aratingsagency,thismonthdowngradedBahrainandOmanandputonwatchtheotherfourGCCstates:SaudiArabia,Kuwait,theUnitedArabEmirates(UA E)andQatar.“It’stheendofanerafortheGulf,”saysRazanNasserofHSBCinDubai.“Andwe’reonlyjuststartingtoseetheeffects.” Oilreceiptstypicallyaccountformorethan80%ofGCCgovernmentrevenues,risingtoover90%ofSaudiArabia’sbudgetbeforethecrisis.Dubai,oneoftheemiratesmakinguptheUA E,isanexception,withoilaccountingforonly5%ofrevenues.Thatisbecauseithassuccessfullydiversifiedtourismandservicesaccountformostofitsgovernmentrevenues. Governmentsarereactingtothesqueezeontheirincomeswithamixtureofstrategies,drawingdownreservesandtakingondebtontheonehand,andimposingspendingcutsontheother.Lastyeartheymadetweaks,suchascurbingbenefitsforpublicservants.Thisyearwillbetougher.Omanhastoldallstate-ownedenterprisestoremoveperkssuchascars.QataricompaniesincludingAlJazeeraandtheQatarFoundation,aculturalorganization,havelaidoffemployees.Withsuchtweaks,Kuwait,theUAEandQatar,whichhavesmallpopulationsandhighforeignexchangereserves,cangetbyforadecade. Whichofthefollowingstatementistrueaccordingtothepassage?
A.Luxury landmarks dominate Gulf skyline. B.Oil price is booming. C.Gulf authorities refuse to raise taxes. D.Oil Price is around $40 per gallon.正确答案A