Saudis Expect Oil Revenue to Increase 80% by 2023

Saudis Expect Oil Revenue to Increase 80% by 2023

Assessment

Interactive Video

Business

University

Hard

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The video discusses Saudi Arabia's fiscal balance program, focusing on oil and non-oil revenue projections up to 2023. It highlights the Kingdom's strategies to diversify income sources, including new taxes and fees, while acknowledging the continued dominance of oil revenue. The video also addresses potential risks, such as fluctuating oil prices, and the economic growth projections. Finally, it examines the implications for Vision 2030 and the public's response to economic reforms.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the risks associated with Saudi Arabia's budget forecasts?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the fiscal balance program relate to Vision 2030 for Saudi Arabia?

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