Event Details

This document is page 21 of a Merrill Lynch economic report titled 'GEMs Paper #26', dated June 30, 2016. It provides a financial analysis of fiscal consolidation efforts, likely focusing on Saudi Arabia (indicated by references to 'Nitaqat' quotas and 'NTP' targets). The text analyzes potential revenues from foreign worker fees, green-card programs, subsidy reforms, oil prices, and sin taxes, while warning of political obstacles and economic disincentives. The document bears a 'HOUSE_OVERSIGHT_016131' Bates stamp, indicating it was part of a document production to the US House Oversight Committee.