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The Middle East Podcast Highlights: Saudi Fiscal Policy, Putin’s Riyadh Visit, and Sudan’s Military Discord

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BNN Correspondents
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The Middle East Podcast Highlights: Saudi Fiscal Policy, Putin’s Riyadh Visit, and Sudan’s Military Discord

As 2024 dawns, the Saudi government has unveiled its budget, indicating a deliberate shift towards economic planning and fiscal policy. This development comes in the wake of Russian President Vladimir Putin's noteworthy visit to Riyadh, hinting at potential discussions on diplomatic relations, energy cooperation, or regional security matters between Saudi Arabia and Russia. Simultaneously, in Sudan, discord is brewing within the military as the Rapid Support Forces allege the Sudanese army of obliterating an oil refinery, pointing to an internal conflict that may have far-reaching consequences for the nation's energy sector and political stability.

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Saudi Arabia's Fiscal Focus

The Saudi government's decision to concentrate on economic planning and fiscal policy in the 2024 budget signifies a transition. The budget approval is a testament to the government's commitment to economic stability and growth amid global uncertainties. The move also suggests an urgency to diversify the economy, reduce dependency on oil, and bolster non-oil sectors.

Putin's Visit to Riyadh: A Diplomatic Dance

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The visit of Russian President Vladimir Putin to Riyadh has been a topic of interest. With the potential to discuss a range of issues, from diplomatic relations, energy cooperation, to regional security matters, the visit signals a possible strengthening of ties between Saudi Arabia and Russia. The implications of this visit extend beyond these nations, potentially influencing the geopolitical power dynamics in the Middle East.

Sudan's Brewing Military Discord

In Sudan, the Rapid Support Forces' accusation against the Sudanese army of destroying an oil refinery is a clear indication of a deepening rift within the military. This internal conflict raises concerns about the country's energy sector's future and its political stability. The situation could escalate, leading to a potential power struggle that may shape Sudan's future.

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