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MBS has been trying to shift the Saudi economy away from its dependency on oil with his Vision 2030 project, but things don’t appear to be going to plan. So in this video we’ll take a look at their economic difficulties and what this means for the future.
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1 – https://www.ft.com/content/b50b2763-3435-42f9-8025-8c70ed776957
2 – https://www.cnbc.com/2024/10/01/saudi-arabia-slashes-growth-forecasts-sees-wider-budget-deficits.html
3 – https://www.worldfinance.com/strategy/the-sun-is-setting-on-saudi-oil
4 – https://www.economist.com/culture/2024/07/04/can-saudi-arabia-become-a-premier-tourist-hotspot
5 – https://www.centuroglobal.com/blog/saudi-arabia-vision-2030/
6 – https://www.mfat.govt.nz/en/trade/mfat-market-reports/economic-and-social-revolution-in-saudi-arabia-september-2023
7 – https://www.bbc.co.uk/news/world-middle-east-68085190
8 – https://oxfordbusinessgroup.com/reports/saudi-arabia/2022-report/education-training/bright-future-a-raft-of-reforms-and-restructuring-of-the-education-system-boosts-technological-proficiency-and-equips-students-to-thrive/
9 – https://www.bbc.co.uk/news/stories-50852379
10 – https://www.economist.com/finance-and-economics/2024/03/14/saudi-arabias-investment-fund-has-been-set-an-impossible-task
11 – https://fastcompanyme.com/news/saudi-arabias-pif-to-boost-annual-spending-to-70-billion-by-2025/
12 – https://tradingeconomics.com/saudi-arabia/government-spending
13 – https://www.cnbc.com/2024/09/05/saudi-arabias-fiscal-breakeven-oil-price-is-rising-fast.html
14 – https://freemoneypodcast.com/p/saudi-arabias-progress-on-reducing