Saudi King and Crown Prince Condole Kuwait

Saudi King and Crown Prince Condole Kuwait

In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh More »

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Tag Archives: MOHAMMED AL-JADAAN

October 15, 2017

IMF advises KSA to ease austerity measures

:: Saudi Finance Minister Mohammed Al-Jadaan revealed that the Kingdom may incrementally decrease its energy subsidies, and will take longer to achieve a balanced budget, since it is seeking to mitigate the impact of its drive to achieve public finance

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August 14, 2017

Saudi budget deficit halves as financial reforms kick incendiary

:: Saudi Arabia’s budget deficit halved in the first six months of the year following sweeping spending cuts that form part of an ambitious economic reform plan. The deficit shrank by 51 percent to SR72.73 billion ($19.38 billion) which officials

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July 24, 2017

Saudi finance minister welcomes IMF report

:: Saudi ministry of finance welcomed IMF report on the situation of the national economy. Commenting on the results of the consultations with the International Monetary Fund (IMF), the Minister of Finance Mohammed Al-Jadaan said: “We welcome the Fund’s commendation

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