Saudi Arabia's government spending is likely to witness a sharp slow down in 2014 thus signaling the kingdom's efforts to curb expenditures after years of huge increases, said a report.
The overall expenditures are
Spending on social infrastructure in Saudi Arabia, including construction of educational and healthcare facilities, is set to surpass $155 billion over the next decade, said an expert, citing official data.
According to the Saudi governmen
Top oil exporter Saudi Arabia will keep its public spending plans intact despite a recent fall in oil prices and its lenders will resume "normal business" this year after a difficult 2009, top officials said on Tuesday.