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2.46 MB
Extraction Summary
2
People
3
Organizations
1
Locations
3
Events
1
Relationships
4
Quotes
Document Information
Type:
Interview transcript / government record
File Size:
2.46 MB
Summary
This document is a transcript of an interview with a high-ranking Saudi official (likely regarding Vision 2030) discussing the economic rationale behind suspending and then reinstating financial allowances. The speaker details oil price scenarios ($45-$55), the performance of the Public Investment Fund, and historic agreements between OPEC and non-OPEC nations. The document is part of a House Oversight Committee production (Bates stamped HOUSE_OVERSIGHT_023646), likely included in investigations regarding foreign relations or lobbying, though the text itself focuses strictly on Saudi economic policy and oil revenues in early 2017.
People (2)
| Name | Role | Context |
|---|---|---|
| Speaker (Unnamed) | Government Official |
A high-ranking official speaking on behalf of 'The Kingdom' (Saudi Arabia) regarding economic policy, oil revenues, a...
|
| Interviewer (Unnamed) | Interviewer |
Person asking questions about the suspension of allowances and economic decisions.
|
Organizations (3)
| Name | Type | Context |
|---|---|---|
| OPEC |
Organization of the Petroleum Exporting Countries; discussed in relation to oil agreements.
|
|
| Public Investment Fund |
Sovereign wealth fund mentioned as contributing to revenues through investments and restructuring.
|
|
| Western press |
Mentioned as a source of criticism regarding the decision to stop allowances.
|
Timeline (3 events)
2017 (First Quarter)
Review of financial decisions and improvement of oil revenues.
Saudi Arabia
The Kingdom/Government
Historical
Oil agreement between OPEC and non-OPEC countries.
International
OPEC Countries
Non-OPEC Countries
Locations (1)
| Location | Context |
|---|---|
|
Refers to Saudi Arabia.
|
Relationships (1)
Speaker discusses the restructuring of sectors under the Public Investment Fund as part of their strategy.
Key Quotes (4)
"This is not the Kingdom's assessment for oil, but this is to arrange our securities with different oil prices."Source
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Quote #1
"The work of a very great effort has been done in the oil agreement with the OPEC countries and non-OPEC countries is an agreement for the first time in history."Source
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Quote #2
"So that, we can take "the risk" at the expense of the national economy."Source
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Quote #3
"That is incorrect words, the deficit fell in the first quarter to 44%, this in itself proves the truth of our words that the deficit falls below what we expect..."Source
HOUSE_OVERSIGHT_023646.jpg
Quote #4
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