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1.85 MB
Extraction Summary
0
People
6
Organizations
7
Locations
1
Events
1
Relationships
4
Quotes
Document Information
Type:
Financial research report / market analysis
File Size:
1.85 MB
Summary
This document is page 17 of a Merrill Lynch 'GEMs Paper #26' dated June 30, 2016, analyzing Saudi Arabia's economic transformation and fiscal consolidation efforts, specifically the National Transformation Program (NTP). It provides data on tourist expenditures and origins, analyzes energy policy requirements regarding oil prices (US$50-65/bbl), and details the fiscal costs and wage bill implications of the NTP. The document bears a 'HOUSE_OVERSIGHT_016127' stamp, indicating it was part of a document production for a US congressional investigation.
Organizations (6)
| Name | Type | Context |
|---|---|---|
| Merrill Lynch | ||
| BofA Merrill Lynch Global Research | ||
| SAMA (Saudi Arabian Monetary Agency) | ||
| MoF (Ministry of Finance) | ||
| Ministry of Civil Service | ||
| House Oversight Committee (implied by stamp) |
Timeline (1 events)
2016-2020
Implementation of National Transformation Program (NTP) initiatives
Saudi Arabia
Government of Saudi Arabia
Locations (7)
| Location | Context |
|---|---|
Relationships (1)
Report analyzing Saudi economic policy produced by Merrill Lynch.
Key Quotes (4)
"The apparent redistribution of part of the proceeds of the flagship fiscal measures towards funding the NTP initiatives suggests that the fiscal consolidation efforts could fall short..."Source
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Quote #1
"Oil prices of at least cUS$65/bbl would be required if spending is not disciplined or revenue targets are missed by c50%, in our view."Source
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Quote #2
"Privatizations of government entities are likely to lead to a natural drop in the public sector number of employees and wage bill."Source
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Quote #3
"This would likely be a contentious and unpopular measure to implement, and its implementation and success appear challenging to us."Source
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Quote #4
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