Saudi Arabia: Section 1 - Data

摘要

1.Governance - Saudi Crown Prince Mohammed bin Salman seen as consolidating power ahead of future crowning as King 2.Economy - Saudi government still looking to pursue Vision 2030 diversification project; energy prices remain weak amid declining demand; economic growth expected to be about 2.4 percent per year on average through 2024 3.Security - The Saudi military remains active in Yemen; Saudi oil facilities have come under missile and drone attacks; maritime security of increasing importance after mysterious oil tanker sabotages 4.Military Market Prospects - Defense spending has been reined in under King Salman, whose rule has been characterized by declining defense budgets; procurement remains strong thanks to a favorable credit profile; Western states have tightened their arms export controls on sales to Saudi Arabia over the war in Yemen and the assassination of a government critic.