September 26th, 2019 - 08:40 GMT
According to a new report by Strategy&, part of the PwC network, there is an opportunity for GCC governments to evolve their social services model in the long-term. GCC governments can work with not-for-profit organizations (NFPs) and private-sector companies to supplement government offerings, moving social development beyond merely the government as a provider. Good intentions notwithstanding, the current model is unsustainable financially and operationally. For decades, the region’s oil economy has paid for the provision of government-backed social services delivered by the public sector. However, an extended period of low ...