Saudi Arabia predicts budget deficit as it funnels money into gigaprojects | Financial Times
www.ft.com
Preliminary budget statement pares growth forecast for this year to 0.03%
  • trailing9@lemmy.ml
    71·
    9 months ago

    Desalination is cheap enough for human consumption. It can be too expensive to grow food but food can be imported.

    • zephyreks@programming.dev
      15·
      9 months ago

      I would actually love to see Saudi Arabia take the lead on food engineering. They might lack fresh water, but they have immense amounts of land and sun to play with.

      The only alternative I can see is a mass reforestation project.

      • Squizzy@lemmy.world
        3·
        9 months ago

        Unfortunately what they are doing is buying Agri land abroad and repatriating the goods.

        • zephyreks@programming.dev
          1·
          9 months ago

          Capitalism 🤷‍♀️

          That’s why the Saudi’s aren’t going to piss off the US, China, Russia, or India. Their strategy only works in peacetime.

          • Squizzy@lemmy.world
            1·
            9 months ago

            Well the Americans bend over for them and the Russians need them more, it’s only China they have to behave for.