Tuesday 24 April 2018
Saudi spending

Lower Saudi spending 'may slow down growth'

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


Saudi social infrastructure spend tops $155bn

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


Saudi public spending 'unharmed by oil fall'

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.   

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