Why The IMF Is Wrong About Saudi Arabia Needing $85 Oil

Brasil Notícia Notícia

Why The IMF Is Wrong About Saudi Arabia Needing $85 Oil
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 Forbes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Why the IMF is wrong about Saudi Arabia needing $85 oil:

Once again, the International Monetary Fund has made outlandish and inaccurate claims that Saudi Arabia needs—absolutely NEEDS—to push the price of oil higher to fund its government. This time, the IMF claims Saudi Arabia needs the price of Brent to be at least . The problem with this claim is that it inaccurately implies that Saudi Arabia must work to achieve higher oil prices.

when it claimed that Saudi Arabia needed $70 per barrel oil to balance its budget. Among the misunderstandings underlying the IMF calculations, I highlighted that: The 2017 IMF forecast seemed to ignore the tax rate on AramcoThe Saudi government is trying to spend less on welfare expensesThere is nothing wrong with Saudi Arabia running a deficit, especially while interest rates are relatively low

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Forbes /  🏆 394. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Why are Sudan’s protesters snubbing the UAE and Saudi Arabia?Why are Sudan’s protesters snubbing the UAE and Saudi Arabia?Protesters warn the two oil rich gulf states against 'meddling' in their country, with many chanting: “We do not want Saudi aid even if we have to eat beans and falafel!”
Consulte Mais informação »

A Young Man Set To Attend Western Michigan University Was Beheaded In Saudi ArabiaA Young Man Set To Attend Western Michigan University Was Beheaded In Saudi ArabiaMujtaba Al-Sweikt was among the 37 people killed in Saudi Arabia's largest mass execution in three years.
Consulte Mais informação »

Some of the men executed in Saudi Arabia claimed their confessions were forcedSome of the men executed in Saudi Arabia claimed their confessions were forcedLeaked documents obtained by CNN reveal that some of the men who were recently executed in Saudia Arabia claimed that their confessions were false and had been obtained through torture.
Consulte Mais informação »

If Sanctions Cut Iran's Oil Exports To Zero, Would Saudi Arabia Really Fill The Void?If Sanctions Cut Iran's Oil Exports To Zero, Would Saudi Arabia Really Fill The Void?If Saudi Arabia commits to increase oil production for Trump's Iran sanctions policy, it could destroy the kingdom's leverage in OPEC.
Consulte Mais informação »

Saudi Arabia considers relaxing ownership limits for foreign investorsSaudi Arabia considers relaxing ownership limits for foreign investorsSaudi Arabia’s Capital Market Authority (CMA) is considering relaxing a 49 perce...
Consulte Mais informação »

Undeterred by Khashoggi murder, global executives return to Saudi ArabiaUndeterred by Khashoggi murder, global executives return to Saudi ArabiaGlobal finance chiefs who boycotted a Saudi investment summit last year followin...
Consulte Mais informação »

Saudi Arabia is set to lead a trillion-dollar regional investment splurgeSaudi Arabia is set to lead a trillion-dollar regional investment splurgeThe energy sector in the Middle East and North Africa looks set for almost $1 trillion in investment over the next five years.
Consulte Mais informação »

Rouhani says Saudi Arabia, UAE owe their existence today to Iran: TVRouhani says Saudi Arabia, UAE owe their existence today to Iran: TVIranian President Hassan Rouhani said on Wednesday that Saudi Arabia and the Uni...
Consulte Mais informação »

From Sudan’s protesters, a warning to Saudi Arabia and the UAE: Don’t meddleFrom Sudan’s protesters, a warning to Saudi Arabia and the UAE: Don’t meddleAfter the Arab Spring, Saudi Arabia and the UAE were accused of backing counterrevolutions to restore order in the region.
Consulte Mais informação »

Saudi Arabia beheads 37 for terrorism crimes, most of them minority ShiitesSaudi Arabia beheads 37 for terrorism crimes, most of them minority ShiitesSaudi Arabia has beheaded 37 Saudi citizens, most of them minority Shiites, in a mass execution across the country for alleged terrorism-related crimes.
Consulte Mais informação »



Render Time: 2025-03-03 01:11:39