Saudi Arabia's dependence on dividends paid by state-controlled oil giant Aramco to delay spending cuts is not sustainable and the kingdom may face challenges to keep its debt/GDP ratio under control, according to a leading analyst.
Eirini Tsekeridou, fixed income research analyst at Julius Baer, told Arabian Business that Saudi Arabia will only be able to deliver a balanced budget in 2023 as the economy struggles with the impact of coronavirus.
Saudi Arabia has recently published its 2021 pre-budget statement with the final version to be released in December.
In it, Saudi Arabia expects a budget deficit in 2020 close to 12 percent, declining to 5.1 percent of GDP in 2021, and be balanced only by 2023.
Most binary options companies out there are fraudulent. They are all scams. I have been a victim of their activities. I invested about $480,000 and when i wanted to withdraw after some months, I was unable to reach their contact numbers or emails with which we stayed in touch. I assumed they were having some maintenance routing check, as that had happened in the past. After some weeks, I was contacted again by them and was asked to invest which i refused and told them i wanted to withdraw my money. After this, i didn’t hear from them again. At this point, I started to feel like i had been duped. I was lost and shattered as i had lost most of my savings. I was depressed for about 3 months. I was too ashamed to tell anyone about it, not even my children. I finally summoned the courage to tell my friend who came to visit me in the UK from New Zealand. He told me about a man who specializes on helping get money back called (Troy Hermes) that he's one of the top heads in one of the CIA departments.
ReplyDeleteI contacted through the email address I was given after much research about him. and surprisingly I was guided to recovering 93% of my money back. It was a great feeling to get my money back, as i had given up all hope. You can also contact him through the mail address.
(troyhermes8@gmail.com)
Note: I had to share this information because I had the feeling of helping scam victims as I was.
If you see this and you are not actually a victim kindly copy and share for others.
Someone other there needs to be saved.
Thanks and be safe.