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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