Visualpolitik En
@visualpolitiken·1.5M subscribers·798 videos
Is SAUDI ARABIA on the brink of BANKRUPTCY? - VisualPolitik EN
Posted
February 20, 2017
Views
902,672
Likes
11,878
Comments
2,387
Engagement
February 20, 2017
902,672
11,878
2,387
1.58%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
8:35Now PlayingUp until now, oil has allowed the payment of all kinds of bills. Citizens have got used to a high level of subsidies and allowances, and not having to pay any taxes. But since the falling of the oil prices, everything has changed for Saudi Arabia. In 2015, the deficit reached 15% of the GDP with the situation continuing in 2016 and threatening to swallow up every penny saved during the “black gold” years in a very short period of time.
70% of the Saudi population is under 30 and they will require two million jobs over the next decade. In this video, we talk about the plan that Saudi Arabia is trying to follow to escape from this scenario.
Donate to VisualPolitik!
Did you enjoy our video? Click the 'subscribe' button and stay tuned for our new videos every week!
Related articles:
Saudi Vision 2030
Saudi Arabia Plans Payouts to Offset Subsidy Cuts in 2017
Saudi Arabia’s Armed Forces Analysis
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
