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Saudi Arabia’s new budget will boost spending and continue royal handouts — even as oil prices drop

Saudi Arabia’s new budget will boost spending and continue royal handouts — even as oil prices drop

Riyadh is set to increase spend­ing and even as it tries to close its bud­get deficit in a bid to boost slow growth and shore up pop­u­lar sup­port after months of con­tro­ver­sy, ana­lysts believe.
Source: CNBC RSS

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