Soon the economic crisis would lead towards the electronic sector which comprises of smart-phones, tablets, computers, luxury items, modern day to day service, maintenance, and gadgets.
The companies will close down and our economy will suffer due to the closure of hundreds of companies one after the other.
By 2019, foreigners will not be able to enjoy subsidized utilities like Saudi nationals. They would be bearing high electricity, water, and gasoline bills.
The foreigners would be finding escapes and would eventually leave closing down their restaurants and shops privately owned by them. Closures of such shops would further depress the economy.
So this is where we are heading? Is this the solution to our current problems? Do we want to live in isolation and lose the beautiful colors of diversity? Do(saudis) we want to go through an economic depression? Of course not! Thinking about a solution?
Well, we need some concrete economic policies. For those expatriates we do not want to lose, we shall make an effort to make them stay with us. Like we can provide them with nationality or other privileges like subsidies. Let’s do what suits Saudi Arabia the most!
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