تحوطات السياسة المالية لدول مجلس التعاون الخليجي في مواجهة الصدمات السعرية للنفط

Abstract EN

face a sharp decline in oil financial revenues, and the reason is known as the sharp and sudden decline in oil prices beginning in mid-2014 and the subsequent sharp collapse in prices in the first half of 2020 in light of the health crisis that was known (Covid 2019).

In order to confront this crisis, it requires unconventional tools to develop the method of preparing the public budget.

The current method of restoring the public budget and giving up the adoption of the break-even oil prices is not suitable.

To face the challenges of the current cries we believe that the performance and program budget method is the most appropriate.