Saudi Arabia asked state agencies to prepare for sharp budget cuts -sources
10 Mar Saudi Arabia asked state agencies to prepare for sharp budget cuts -sources
Posted at 07:08h
in
News
by KMFSLLP
Saudi Arabia has asked
state agencies to submit proposals for cuts of at least 20% to
their budgets in a fresh austerity drive to cope with a sharp
drop in oil prices, four sources familiar with the matter said.
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