Titlebook: Saudi Government Revenues and Expenditures; A Financial Crisis i Abdulaziz M. Aldukheil Book 2013 Abdulaziz M. Aldukheil 2013 economy.finan

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Are Saudi Government Expenditures Sustainable? (The Genuine Savings Criterion),n chapters 4 and 5, we explored Saudi Arabia’s fiscal predicament, past, present, and future. This analysis has revealed that the government will likely face huge amounts of debt in 2030 and 2050, based on expected revenue and expenditure.

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Is a Saudi Financial Crisis Inevitable?,ur prediction of a potential government financial crisis caused by budget deficits that snowball over time was based on rather conservative assumptions of the two essential variables of such a deficit equation: government expenditure and government revenue.

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Summary and Conclusion,audi society has been dependent on government revenues since 1950, when oil revenue became the major source of government income. The five-year development plans, which began in 1970, were unable to decrease the level of government dependence on oil revenue. In 2012, 93 percent of government revenues came from that oil revenue.

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