Higher public spending will push Saudi Arabia's budget deficit to 7% of gro...
DUBAI - Higher public spending will push Saudi Arabia’s budget deficit to 7% of gross domestic product this year, the International Monetary Fund said on Wednesday.
The IMF said the introduction of a value-added tax has been very successful, but the Saudi government should consider raising the rate from 5%, which is low by global standards, in consultation with other Gulf governments. “Higher government spending has supported growth and the implementation of reforms, but has increased medium-term fiscal vulnerabilities,” the IMF said.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Factbox: Strait of Hormuz - the world's most important oil arterySaudi Arabia said on Monday that two Saudi oil tankers were among vessels target...
Weiterlesen »
Saudi Energy Minister says two Saudi oil tankers attacked near UAE watersSaudi Arabia's Energy Minister Khalid al-Falih said on Monday that two Saud...
Weiterlesen »
Saudi Arabia says two Saudi oil tankers attacked near UAE watersSaudi Arabia’s Energy Minister Khalid al-Falih says two Saudi oil tankers attacked near UAE waters by Rania_ElGamal
Weiterlesen »
Saudi Arabia says oil infrastructure attacked by dronesHouthi rebels claim drone attacks a response to Saudi 'crimes' in Yemen. The assaults are the latest in a series of security challenges faced by the Middle East, following the alleged sabotage of oil tankers off UAE coast.
Weiterlesen »
For foreign wives of Saudi Arabian men, legal limbo sometimes awaitsTeresa Malof moved to Saudi Arabia in 1996 to work in Riyadh. Once there, she married and took a loan to buy a house in an upscale suburb she shared with her now ex-husband Mazen and their three children.
Weiterlesen »
Saudi Arabia oil facilities attacked, U.S.-Iran tensions flareThe attacks took place against a backdrop of U.S.-Iranian tension following Washington's decision this month to try to cut Iran's oil exports to zero and to beef up its military presence in the Gulf in response to what it said were Iranian threats. Iran's Supreme Leader Ayatollah Ali Khamenei
Weiterlesen »
Saudi Arabia Says Oil Tankers Damaged in 'Sabotage Attack' as Middle East Tensions RiseSaudi Arabia says oil tankers damaged in 'sabotage attack' as Middle East tensions rise
Weiterlesen »
Saudi Arabia says 2 oil tankers damaged by sabotage attacksThe U.S. has warned ships that 'Iran or its proxies' could be targeting vessels.
Weiterlesen »
5 things to know for May 13: China, Saudi tankers, pilot arrest, machete attack, CO25 things for Monday: - US and China - Oil tanker attacks - Pilot arrested - Appalachian Trail machete attack - Climate change
Weiterlesen »
Latest Sri Lanka arrest throws spotlight on Wahhabism in eastern hotbedSri Lankan authorities have arrested a Saudi-educated scholar for what they clai...
Weiterlesen »