Saudi Arabia budget 2016: domestic and regional effects

“This new economic forecast presents big challenges to Saudi Arabia’s standing regionally. Its sponsorship of rebel groups in Syria and its military adventurism in Yemen have seen massive increases in its military budget, which has risen by 19 percent a year since 2011. The conflict in Yemen has moved from a rapid response by the Gulf States to a protracted conflict that seems like there is no political or military solution in sight. As Saudi Arabia becomes further bogged down in the conflict, the economic and social costs will likely increase, placing more pressure on the House of Al-Saud.”

http://globalriskinsights.com/2016/01/saudi-arabia-budget-2016-domestic-and-regional-effects/

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