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Saudi social and economic change proves to be a delicate balancing act

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Saudi social and economic change proves to be a delicate balancing act

James M. Dorsey
Aug 8, 2021
∙ Paid
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The World Bank issued a stark warning in its 2018 outlook for the Saudi economy. “The Kingdom likely faces a looming poverty problem,” the bank said.

The bank has since noted in its 2019 and 2020 outlooks that “while no official information is available on poverty, identifying and supporting low-income households is challenging.”

Dependent on world oil pr…

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