
Oil Prices: Goldman Warns Saudi Arabia Faces $67 Billion Deficit
Oil Prices: Goldman Warns Saudi Arabia Faces $67 Billion Deficit The oil-price crash is set to have far-reaching consequences for Saudi Arabia’s finances and vast economic ambitions. The kingdom’s budget deficit may soar to $67 billion this year, according to projections shared by Goldman Sachs. Bloomberg's Paul Wallace reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/