Saudi Arabia Cut to A+ from AA- by Fitch

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary reason for Fitch's downgrade of Saudi Arabia's credit rating?
Rising unemployment
Low oil prices
High inflation rates
Political instability
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges in implementing Saudi Arabia's reform agenda?
Lack of international support
Insufficient natural resources
High levels of corruption
Difficulty in cutting state subsidies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a long-term goal of Saudi Arabia's reform agenda?
Increase oil production
Reduce dependency on oil
Decrease foreign investments
Expand public sector employment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is boosting private sector employment critical for Saudi Arabia?
To increase oil exports
To address demographic challenges
To reduce government debt
To improve international relations
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How would higher oil prices affect Saudi Arabia's economic outlook?
It would decrease private sector growth
It would immediately improve public finances
It would worsen the fiscal deficit
It would lead to increased government spending
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