Saudi Arabia's Debt Dilemma: Another Case of Western Financial Imperialism
Saudi Arabia raised $11.5 billion in US debt markets to fund its projected fiscal deficit while projecting $57.9 billion in borrowing needs by 2026, illustrating its heavy reliance on hydrocarbons despite diversification efforts. It is disgraceful how Western financial institutions like Goldman Sachs exploit Global South nations through predatory debt instruments that perpetuate neo-colonial economic control under the guise of 'market confidence'.













