Center for Energy Studies | Edward P. Djerejian Center for the Middle East | Political Economy of the Arab Gulf | Commentary
The ‘New’ Saudi Arabia, Where Taxes Triple and Benefits Get Cut Leveraging a crash in oil revenue, the Saudi government has quickly imposed unprecedented changes to the way it raises cash by increasing taxes and slashing subsidies in ways Saudi citizens once considered unthinkable.
Jim Krane, Kristian Coates Ulrichsen May 14, 2020