Saudi economic reform will be gradual
After an initial round of subsidy cuts, the government is preparing further fiscal tightening
You must be signed in to read this analysis
In this article
- Budgets in the red
- Private sector impact
- Strong financial buffers
- Large foreign assets
- Low public debt
- Large foreign exchange reserves
- Modest reforms
- Budget disclosure
- Lower spending
- Subsidy reduction
- Taxation
- Sale of state assets
- Aramco
- Political risks
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.