Calls Mount To Change Saudi Subsidies
Fuel subsidies are a growing burden for Riyadh and state oil giant Saudi Aramco. But comprehensive reform may be some way off given that laying the groundwork has barely begun.
Fuel subsidies and related pricing schemes are seen as a way to distribute hydrocarbon wealth across the Saudi population, thereby preempting social unrest. Riyadh subsidizes a range of products – including transportation...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!