The Gulf Cooperation Council has announced a $20 billion assistance package to help Bahrain and Oman upgrade their infrastructure over the next 10 years.
The assistance is expected to generate jobs in the two Middle Eastern countries, which are both facing anti-government demonstrations inspired by recent uprisings in the Arab region. Oman and Bahrain will receive $10 billion each.
Foreign ministers from GCC member countires, which include Kuwait, Qatar, Saudi Arabia, the United Arab Emirates, Bahrain and Oman, announced the assistance following a meeting in Riyadh, Reuters says. The final aid package was larger than the $10 billion to $15 billion assistance that officials said GCC was considering.
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