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Journal : al-Afkar, Journal For Islamic Studies

 1 
Implementation of Fiscal Policy of the Islamic State of Saudi Arabia and the Arab Emirates Suradi; Yadi Janwari; Sofyan Al-Hakim
al-Afkar, Journal For Islamic Studies Vol. 7 No. 2 (2024)
Publisher : Perkumpulan Dosen Fakultas Agama Islam Indramayu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31943/afkarjournal.v7i2.1040

Abstract

This research aims to analyze the economic policies of Saudi Arabia and the Arab Emirates in anticipating the effects of fiscal policy on their national economies. These policies include international economic policy, fiscal policy, and monetary policy. This research uses qualitative research methods through scientific observation by collecting non-numerical data, focusing on creating solutions and meaningfulness. The results of the research show that there are efforts by the Kingdom of Saudi Arabia in its international economic policy. On the other hand, monetary policy is needed to stabilize the economy by supporting solid fiscal policy when the global world is flooded with liquidity such as nominal interest rates that are close to or below zero, so that the impact of lowering interest rates can trigger an outflow of cash from the stock market. In this case, the Kingdom of Saudi Arabia was very quick and responsive in implementing the combination of these policies. Meanwhile, the United Arab Emirates government is taking strategic steps, including in tax policy. This country issues various regulations related to taxation in terms of collecting tax funds and using tax funds through the state budget.
Co-Authors Agus Setiyono Ahmad Zaki Akh Fajar Rahman Ali, St. Nur Khalifah Ali Amir, Aprilianto Andriyani Agus Anton Triyantoro Anton Triyantoro Aprilianto Amir Asdar Asek, Ambo Aulia Nisa’ul Khoir Awi Bernard Chintami D.A, Amaliah Cici Sucianingsih Cyintia Masdya Arista Danial Dendi Ramdani Muslim Denny Hermanto Desdiani Djam'an, Nurwati Eka Yatri, Alya Erwinda Gracya Laman Fahlevi, Diega Chandra Firrizqi, Muh.Yaasiinul Fitri Jihad Aminah Fitria Nurul Mutmainnah Fitriani Dewi Galang Pratama Erlangga Gestuti, Sri Sukarni Ghina Farida Gilang Sujaman Hamda Hamzah Upu Hanafie, Ahmad Hanifah Nurhayati Harry Wibowo Haslindah, Andi Ilahi, Anugrah Ilham Minggi Iris Rengganis Isnayanti B, Nur Jemmy Satria Nugraha Jumarni Jusman, Sri Widia Azraki Latief, Rusman M. Ansyar Bora Maulana Hasanudin Mizani Ahmad Mohammad Sadikin Muhammad Ade Syam Agung Muhammad Zainudin Muhammad, Nurul Jihad Mutiara Ramadhani Nabila Subur Rizkia Novita Ardiyanti Ningrum Nur Faris Prih W Nurhayati Nurjati Chairani Siregar Nursyati Peri Setiawan Pratiwi, Triajeng Ajeng Putra, Olyvinanda Diaz Putri C. Eyanoer Putri Maharani Rahma Aisah Rifkah Chaerunnisa M Rosidah Rusli Rusli Sabdaningsih, Aninsitia Samsuridjal Djauzi Sartika, Ella Sheila Dewi Ayu Kusumaningtyas Siti Kuraesin Soefijanto, Totok Amin Sofyan Al-Hakim Sugiri Suhaimi Suhartina Suharto, Nuraimah Sunaryo Syahrul Anwar Syahwal, Apriliani Syarifatunnisa Syarifatunnisa Syarifuddin Baco Tahir Tehuayo, Haris Trisno, Andi Trisno Umara Firman Rizi D Yadi Janwari