Future of Saudi economy about policy, not prices says S&P chief | Arab News:
"Saudi Arabia’s prospects depend more on government reforms becoming “irreversible” than the price of oil, said Moritz Kraemer, global chief rating officer for S&P in an interview with Arab News. He said: “If oil went to $100 per barrel again there would be a risk of undermining the reform momentum — and helping those campaigning to maintain the previous status quo. “We don’t think the oil price will determine the fate of the country. The policies that are chosen will determine future economic stability,” said Kraemer."
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