아프리카ㆍ중동

As fossil fuel reserves run low and populations continue to grow, resource-wealthy countries face fiscal constraints that push them to shift away from the traditional no-taxation model. As one of the world’s largest oil exporters, Saudi Arabia is a case in point. Facing significant economic hurdles brought about by recent oil price fluctuations and the global pandemic, the Saudi regime has sought to reduce public spending, raise revenue, and move away from its economic dependence on natural resources.