But first, a pop quiz.
Saudi Arabia imports "everything" it needs except maybe oil and gasoline. And even that's a "maybe."
I would assume that imports are paid from their foreign exchange reserves, although I do believe the prince manages a PIF that pretty much matches the value of the country's foreign exchange reserves, though don't quote me on that. I haven't checked on the PIF in a long, long time and most recent data is probably dated anyway.
But I digress.
Pop quiz: quick! How many months of imports can Saudi Arabia pay for from their foreign exchange reserves? I'm not sure I'm saying that correctly but you get the idea.
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