A Spendthrift Saudi Arabia Can’t Finance the World Anymore

Saudi Arabia’s era of lavish global investments is facing significant constraints as economic pressures mount and the kingdom pivots toward domestic priorities. Mounting Economic Pressures Once buoyed by substantial oil revenues, Saudi Arabia’s fiscal landscape has shifted. The nation transitioned from a \$27.68 billion surplus in 2022 to a \$21.6 billion deficit in 2023, with […]