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Saudi Arabia to cut 5% of 2020 budget to fight effects of coronavirus pandemic
Saudi Arabia is to cut SAR50 billion ($13.32 billion) from this year’s budget in light of the negative impact of the coronavirus pandemic on public finances in the Kingdom. The cut is worth less than 5 percent of the 2020 budget and will be in areas that have the least…
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Click here to read the full story: Arab News