Nearly half of the GCC workforce has less than US$5,000 in savings, while more than one-in-five do not save at all, according to a survey revealing the “rather low” level of savings in the region.
Expatriates living in the GCC were more likely than nationals to save and to have a larger savings pool, the survey by Towers Watson, a global professional services company, found.
But despite perceptions that residents in the GCC were good savers, the survey found nearly half of the population puts away less than 10 percent of their salary.
“This contradicts the impression that residents of the GCC save a significant proportion of their income and is surprising given the prolonged global economic uncertainty,” the report says.
Read more: http://www.arabianbusiness.com/one-fifth-of-gcc-expats-saving-nothing-poll-495154.html
Hello Everybody, My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.
ReplyDelete