14.12.2015 - Saudi eyes spending cuts, new revenue sources
Saudi Arabia's government is expected to announce spending cuts and a drive to raise revenue from new sources as it lays out a strategy to cope with an era of cheap oil, people familiar with Saudi policy-making said. Increasing non-oil exports would happen only slowly, so Riyadh should also consider introducing new policies to preserve its foreign assets and create a sovereign wealth fund to increase returns on them..............................................Full Article: Source
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