Promise of future prosperity fades as austerity hits Saudis’ pockets
11 May Promise of future prosperity fades as austerity hits Saudis’ pockets
Posted at 15:45h
in
News
by KMFSLLP
Saudi Arabia’s austerity
drive will squeeze a private sector vital to its plan to
diversify away from oil and may cost its powerful crown prince
some prestige as citizens see their spending power shrink.
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