Saudi Arabia Will Tap International and Local Bond Markets in 2020, Says Finance Minister

Saudi Arabia Will Tap International and Local Bond Markets in 2020, Says Finance Minister

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Business

University

Hard

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The transcript discusses Saudi Arabia's economic strategies, focusing on OPEC's decision to cut oil production, Vision 2030's diversification goals, fiscal policies, and private sector involvement. It highlights efforts to achieve a balanced budget by 2023, sectoral focus on housing and tourism, and the allocation of Saudi Aramco IPO proceeds. The review of Vision 2030 initiatives and funding plans for 2020, including tapping into international bond markets, are also covered.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What sectors is the Saudi government focusing on to stimulate economic growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Saudi government plan to allocate proceeds from the Saudi Aramco IPO?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the World Bank's announcement regarding Saudi Arabia in 2019?

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