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economists

economists latest

Saudi Arabia is expected to increase its domestic gasoline prices by 30 per cent from July, but still has the cheapest gasoline prices in the world. (File photo)
March 1st, 2017 - 06:00 GMT

Saudi Arabia takes aim at budget deficit with fuel price hike, fiscal reform

The policy aim of Saudi Arabia's reform programs is medium-term fiscal adjustment through a combination of higher oil prices and higher non-oil revenues.
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