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[originaltext] Saudi Arabia is running out of money. The cash crisis is so t
[originaltext] Saudi Arabia is running out of money. The cash crisis is so t
游客
2024-02-01
23
管理
问题
Saudi Arabia is running out of money. The cash crisis is so terrible that the Saudi government just raised the price of gasoline by 50%. Gas used to cost a mere 16 cents a liter in Saudi Arabia, one of the cheapest prices in the world. Many Saudis drive large SUVs and have no concept of saving gas.
The gas rising is just the beginning. Water and electricity prices are also going up, and the government is scaling back spending on roads, buildings and other basic facilities.
[6]About 75% of the Saudi government’s budget comes from oil. The price of oil has crashed from over $100 a barrel last year to around $36 currently. Most experts don’t expect a rebound anytime soon.
The Saudi government used its vast oil wealth to provide generous benefits to its citizens. The Saudi king spent even more in an effort to reduce any discontent in the country. [7]But now, Saudi Arabia may have to start taxing its people. The International Monetary Fund recently predicted that Saudi Arabia could run out of cash in five years or less if oil stays below $50 a barrel. It predicts Saudi Arabia may even have to start collecting an income tax or sales tax.
5 What change took place in Saudi Arabia recently?
6 What was the reason for the change?
7 What may Saudi government begin to do?
选项
A、It gained large amounts of money from oil.
B、Its government raised the price of gasoline.
C、Citizens got benefits from its government.
D、It joined the International Monetary Fund.
答案
B
解析
新闻开头提到沙特阿拉伯的钱将用光,沙特政府面临严重的现金危机,所以刚刚将汽油价格提高50%(just raised the price of gasoline by 50%),因此答案选B“提高汽油价格”。
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