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Saudi Arabia

Saudi Arabia Could Weather Five Years Of Weak Oil Prices Without BorrowingAbroad, Says CGES

Even in the perspective that the current low level of oil prices will belong-lasting, Saudi Arabia could succeed in weathering the next five years ofexpected weak prices without having to borrow abroad, provided that it manages(a) to restrict its annual invisibles deficits to $17bn, and (b) not to allowits oil market share to be eroded beyond what might be...