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> Only difference is they fund their country via the oil fund not some monarch kleptocracy family. This is not the case though. The government for the first ti
by doikor 5y ago
> Only difference is they fund their country via the oil fund not some monarch kleptocracy family.
This is not the case though. The government for the first time ever withdrew funds from the fund in 2016 while the fund has been around since the 70s
In general oil is really important for the governments budget but not through the fund but taxation instead (both the companies and the highly paid workforce)