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Cover image for book Saudi Government Revenues and Expenditures

Saudi Government Revenues and Expenditures

A Financial Crisis in the Making
By:A. Aldukheil
Publisher:Springer Nature
Print ISBN:9781349466771
eText ISBN:9781137342928
Edition:0
Copyright:2013
Format:Reflowable

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Will history repeat itself, leaving Saudi Arabia to face another financial crisis due to drastic overspending and/or a dramatic drop in oil revenue? If the situation remains on its current trajectory, by 2030 government debt due to rising expenditures over revenues will be too overwhelming for the government to cope with.