- 92% of its revenue from oil sales
- 2015: record-breaking budget deficit, $98 billion
- 2016: budget deficit estimated to be $87 billion
- forced to raise cash in first international bond sale, $16.5 bilion
- Saudi Aramco IPO, 2018, valued at $2 trillion
- Saudi's population: nearly 30% less than 15 years of age
Saturday, October 15, 2016
Saudi Arabia Continues To Burn Through Cash; Economic Collapse Possible -- Forbes -- October 15, 2016
Link here.
Labels:
SaudiPerspective,
SaudiReserveAssets,
SaudiSurge
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