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Business community welcomes 2021 spending plans

Headed by King Salman, Saudi Arabia’s Council of Ministers on Tuesday approved the Kingdom’s general budget for 2021. It includes spending of SR990 billion ($264 billion) and, with revenues expected to be SR849 billion, an estimated deficit of SR141 billion, which represents 4.9 percent of gross domestic product (GDP). “Our…

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Click here to read the full story: Arab News

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