Tag Archives: SAUDI BUDGET 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
Saudi budget to be announced today
Saudi Arabia will today unveil its annual budget statement, which is expected to outline a series of tough measures designed to put the Kingdom on the road to achieving financial balance by 2020. Subsidy cuts, rationalized spending and new fees
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