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@zephyreks@lemmy.mlM to World News@lemmy.ml • 2 years ago

Saudi Arabia predicts budget deficit as it funnels money into gigaprojects

www.ft.com

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Saudi Arabia predicts budget deficit as it funnels money into gigaprojects

www.ft.com

@zephyreks@lemmy.mlM to World News@lemmy.ml • 2 years ago
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Saudi Arabia predicts budget deficit as it funnels money into gigaprojects | Financial Times
www.ft.com
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Preliminary budget statement pares growth forecast for this year to 0.03%
  • @herr@lemmy.world
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    5•2 years ago

    Which countries are running on a profit, exactly?

    • @Squizzy@lemmy.world
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      -1•2 years ago

      Loads of countries have budget surpluses.

      • @SocialMediaRefugee@lemmy.ml
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        3•2 years ago

        Loads? These aren’t exactly major nations here and the bigger ones are oil producers.

        https://www.worldatlas.com/articles/countries-with-the-top-budget-surplus.html

      • @herr@lemmy.world
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        2•2 years ago

        I asked which ones. Denmark has a surplus, but that’s accidental and no one’s trying to keep it that way.

        And if you’re about to give Qatar as an example, the point is moot.

      • Cyclohexane
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        2 years ago

        This doesn’t answer the question.

    • @PowerCrazy@lemmy.ml
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      -5•2 years ago

      Well none, but the Neo-liberal rhetoric around “balancing the budget” that infests most of the governments of the west.

      • @explodicle@local106.com
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        0•2 years ago

        What’s so bad about balancing the budget? Inflation is too high and taxes are too low.

        • @ltxrtquq@lemmy.ml
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          4•2 years ago

          I think the problem is mostly with how neo-liberals tend to try to balance the budget

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