Baas van Saoedi-Arabië: in april 2017 zouden we failliet zijn geweest
"A journalist asks: How much was wasted?
Al-Sheikh eyes a running recorder on the table. “Can I turn this off?” he says.
“No, you can say it on record,” Prince Mohammed says.
“My best guess,” says Al-Sheikh, “is that there was roughly between 80 to 100 billion dollars of inefficient spending” every year, about a quarter of the entire Saudi budget.
Prince Mohammed picks up the questioning: “How close is Saudi Arabia to a financial crisis?”
Today it’s much better, Al-Sheikh says. But “if you’d asked me exactly a year ago, I was probably on the verge of having a nervous breakdown.” Then he tells a story that no one outside the kingdom’s inner sanctum has heard. Last spring, as the International Monetary Fund and others were predicting Saudi Arabia’s reserves could stake the country for at least five years of low oil prices, the prince’s team discovered the kingdom was rapidly becoming insolvent. At last April’s spending levels, Saudi Arabia would have gone “completely broke” within just two years, by early 2017, Al-Sheikh says."
Mogen wij erop wijzen dat de olieprijs nog steeds niet is hersteld. Doordat Saoedi-Arabië geen productieplafond accepteert. Dat worden dus heel onfortuinlijke bezuinigingen en belastingverhogingen.