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Saudi Arabia’s first-quarter budget slips into deficit at $9.1 billion as oil revenue slides
Saudi Arabia on Wednesday reported a first quarter budget deficit of $9.09 billion, as oil revenue was hit hard by a combination of sliding global prices, demand and a supply glut in the wake of the coronavirus crisis. That reversed a first quarter surplus of around $7.4 billion in 2019….
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Click here to read the full story: Arab News