Great Saudi dreams clash with the Corona wall and oil prices

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The American New York Times published a report in which it talked about undermining the Corona epidemic, declining oil prices for development plans put in place by Crown Prince Mohammed bin Salman, and curbing the spending of the Saudi government. The report, written by Vivien Yi, stated that these two painful strikes threaten to overwhelm the comprehensive social and economic agenda of Bin Salman, not to mention their negative impact on the lives and well-being of the Saudis.

The author warned that Saudi Arabia has already begun to move away from the vast welfare state that gave most Saudis the comfortable life in which they live. Indeed, with the cancellation of tourism and the collapse of oil prices, she began facing a completely different future from what Bin Salman promised.

“I think the Vision 2030 is almost reeling, but I think it is finished,” Michael Stephens, a Middle East expert at the Royal Institute for United Services in London, was quoted as saying.

And Stephens added that Saudi Arabia faces “the most difficult times it has passed, and certainly the most difficult period of government for Muhammad bin Salman.”

Despite this, the writer says, it does not appear that Muhammad bin Salman is in the process of canceling any of his private plans, including the “NEOM” project, which Saudi Finance Minister Mohammed Al-Jadaan said only his and other projects will be postponed.

The writer concluded that the new situation will rewrite the relationship of Saudi rulers and the new generation of their citizens who will find themselves deprived of their ancestral livelihoods, generous fuel and electricity support, comfortable government jobs and free education and health care.

Here, the author highlighted the government announcement last Monday that it would triple the value-added tax on goods and services in the country from 5% to 15%, and would abolish a monthly allowance of approximately $ 266 that workers in the country were getting to overcome the high cost of living, not to mention reviewing the financial benefits Other paid to employees and contractors.

While these austerity measures will have little impact on the lives of the rich, it is likely, according to the author, that they will be severely affected by the rest of the country’s population.In this regard, the writer quotes Christine Smith Diwan, an analyst at the Arab Gulf States Institute in Washington, as saying, “A lot of free things may not remain free anymore.” These austerity measures will be presented as “a test of patriotism in its new concept,” that you are part of this nation, you must So contribute for it. ”

But what is happening in Saudi Arabia is that the state has made, according to expert Stephens, the burden of austerity for the people least prepared to bear it.





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