In Saudi Arabia, approved the item of military expenditures for 2016 year

Information Agency TASS with reference to Saudi sources publishes materials on how much of the military budget is scheduled for next year by the official Riyadh. If you believe these sources, the volume of the military treasury of Saudi Arabia in 2016-th year will be about 57 billion dollars. At the same time, the total item of expenditures on resolving issues of state security is 224 billion dollars. This is more than four times what Riyadh plans to spend on education in 2016.

In addition, it became known that in the budget a special item is the allocation of funds to resolve problems associated with fluctuations in oil prices. Next year, the Saudi authorities are planning to send about 48,8 billion dollars to these needs.

The King of Saudi Arabia stated that the state has all the potentials to overcome the emerging economic difficulties. Recall that the budget of SA has been adjusted on the basis of oil prices at the level of 95-100 dollars per barrel. So that the obligations prescribed in the budget of Saudi Arabia are fulfilled, the state withdraws funds from the reserve, which over the past six months has decreased in its volumes by no less than a third.

Comments

[oleg-gr]

Safety and war with neighbors above all. Will tear like the USSR in due time.

[Ami du peuple]

Quote: oleg-gr

Safety and war with neighbors above all. Will explode like the USSR in due time

As the conflict in Yemen showed, the combat effectiveness of the KSA army, equipped with the most modern weapons, leaves much to be desired. The Arabs, in general, are not very skilled and persistent warriors, and the Saudis are very poor, it seems .. So, they probably will not tear themselves up (they have dough - even eat some booty), but they will lose the country in its current form. At least the southern Shiite provinces. Which are the most oil-bearing, I note ..

[Sterlya]

Quote: Ami du peuple

The Arabs, in general, are not very skilled and persistent warriors, and the Saudis are very poor, it seems ..

Saudit is something much worse than an Arab, militarily. Traders, yes. Those more.

[Lord of the Sith]

Do you know that for the first time in Saudi Arabia a tax has been introduced on the population? This is due to the fact that an expensive war is being conducted in Yemen, and of course, oil prices have affected.
The Saudis have already taken $ 90 billion from their reserve fund to patch holes in the budget.

[kil 31]

Quote: Lord of the Sith

Do you know that for the first time in Saudi Arabia a tax has been introduced on the population? This is due to the fact that an expensive war is being conducted in Yemen, and of course, oil prices have affected.
The Saudis have already taken $ 90 billion from their reserve fund to patch holes in the budget.

Well, if they fight like that and drop the equipment and the rifleman, how rich they would not have to introduce taxes.

[USSR 1971]

The price per barrel is somewhat confusing.

[DHA]

Expenses are expenses, but they are not fighting very well. So only to dirty the master, and to beat with other hands from under the silence.

[-Traveller-]

Moreover, the total cost of resolving state security issues is 224 billion dollars at all. This is more than four times what Riyadh plans to spend on education in 2016.

56 billion for education? and how much do we have?

[Deniska999]

In my opinion, $ 8 billion.

[Al_oriso]

The population of CA is 31,5 million. It turns out about 5000-7000 dollars per person who is the age of the student. Few people can even dream of such a thing.

[anfil]

King of Saudi Arabia said that the state there are all potentials for thatto overcome emerging economic difficulties. Recall that the budget of the SA is set up, based on oil prices at the level of 95-100 dollars per barrel.

At the beginning of this year there was information:

03.02.2015
Saudi Arabia invites Putin to raise oil prices - The New York Times
In exchange, Riyadh is seeking Moscow’s refusal to support Bashar al-Assad, negotiations have been going on for several months, no progress has been made yet, the State Duma has denied this information

The Saudis decided to crush Russia with their cheap oil.

The cheapest is oil production in Saudi Arabia and Iran: 4 and 5 dollars, respectively.
As for Russia, already in explored old fields, the cost of oil production does not exceed 6 dollars, while in new fields it is about 16 dollars.
USA (shale) - 20 $
USA (shelf of the Mexican Sea - 25 $
Russia (new deposits) - 16 $
Russia (ongoing projects) - 6 $
Saudi Arabia - 4 $

Source: Cost of oil production in the world in 2016 year bs-life.ru site

[S_last]

How tired these manipulators with numbers. Any numbers will be unscrewed anyway. Patriotism is needed, really needed, but why turn it into fooling around. A fool and a patriot are not at all the same thing. Dear author, you can look at these figures through the prism of reality, without manipulation. 57 billion is a lot, a lot, according to the Russian budget for 2016, at least in the open part, we get a much smaller figure, taking into account the current exchange rate, about 44 billion. With education, I really want to throw a shoe at you. Declare some kind of figure of 224 billion, and say that the cost of education is more than 4 times less than what a sadness. Yes, if you divide this amount into these same 4-odd, then the result can not bring anything but sadness, because the result will be in the region of 50 billion. And it is respected by 28 million Saudi Arabian citizens. Russia's budget for 2016 provides for the formation of 564 billion rubles, which at today's rate does not even go up to 10 billion, and pay attention to 146 million citizens. But the worst thing about this situation is the claim that the budget of Arabia is even more dependent on oil than Russian.