Higher oil prices won’t change the pace of Saudi Arabia’s reforms, the country’s finance minister told CNBC Wednesday.
“Higher oil prices will only help reduce the deficit and build reserves, we will continue our reform,” Mohammed bin Abdullah Al-Jadaan told CNBC’s Hadley Gamble on Wednesday. […]
https://www.cnbc.com/2018/05/02/saudi-arabia-says-higher-oil-prices-wont-change-reforms.html
RittaFarr
I feel like the projected budget of 52 billion should be prefaced with ONLY 52 billion. With the US gov. seeing a projected Trillion dollar deficit this seems reasonable given the downturn.