Friday 26 December 2014
 
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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

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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

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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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