What is the primary reason behind Saudi Arabia's large budget deficit?
Saudi Arabia Tackles Budget Deficit

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Business, Architecture, Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lack of foreign investments
Dependence on oil revenues
Excessive taxation
High defense spending
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of canceling large infrastructure projects in Saudi Arabia?
Decreased foreign aid
Higher taxes
Social unrest
Increased oil prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector did Crown Prince Mohammed bin Salman first target for budget cuts?
Tourism
Healthcare
Education
Defense
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main goals of Saudi Arabia's economic reform plan?
Reduce foreign debt
Increase oil production
Diversify the economy
Modernize the military
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge does Saudi Arabia face in moving away from oil dependency?
Environmental concerns
Monarchical governance
Political instability
Lack of skilled labor
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