Saudi Arabia's debt is expected to increase over the next year. Gulf analysts said stagnating oil prices will make the kingdom one of the biggest debtor nations in the world. Riyadh is expected to owe more than $200 billion by the end of 2002. A study by Saudi economist Ihsan Bu Hlaika said the kingdom turned into a debtor from the oil prices that first stabilized and then dropped during the 1980s. Hlaika said the kingdom has repaid only a small part of its domestic debt.
That funding international subversion gets expensive, doesn't it? Wonder what their expenditure per ruthless henchman is? |