Saudi Aramco is currently facing a significant decision regarding its quarterly dividend, which amounts to $31 billion. This decision is crucial as the company is dealing with increasing levels of debt.

The two options on the table are either to reduce the dividend, which could worsen the kingdom's budget deficit, or to continue borrowing in order to sustain the payout. As the largest oil exporter in the world, Aramco plays a vital role in the Saudi economy. Its crude sales and substantial dividends are crucial in supporting Crown Prince Mohammed Bin Salman's ambitious spending initiatives, which amount to trillions of dollars.

However, the kingdom's budget is under strain due to consistently low oil prices and production rates that are currently at their lowest point in three years. This financial dilemma highlights the challenges that Saudi Arabia faces as it navigates a complex economic landscape while striving to uphold its fiscal commitments.