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Saudi Arabia's Economy Hit Hard by COVID-19, Posts $29 Billion Deficit in Q2 2020
Saudi Arabia posted a deficit of 109.2 billion riyals ($29.12 billion) in the second quarter this year as low oil prices hurt revenues, a finance ministry report published on Tuesday showed, Reuters reported. The coronavirus crisis has hurt the non-oil sectors of the world's largest oil exporter this year, adding…
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