RIYADH: Saudi Arabia’s decision to increase its planned spending by 18 percent will reduce windfall savings from oil, but the move could help the Kingdom accelerate its economic diversification, said global rating agency Moody’s.
On Sept. 30, the Saudi government announced that it plans to revise its spending upward to around SR175 billion ($46.5 billion) in 2022-24, compared to the targets previously published at the end of 2021.
The increase amounted to around 4-4.5 percent of the Kingdom’s gross domestic product.
Lisa King has been taking a fake version of retatrutide since July and at one…
Lisa King has been taking a fake version of retatrutide since July and at one…
Funerals have taken place for two Palestinian teenagers who were shot dead this week when…
The report said military, police and other forces deployed during Israel’s Operation Iron Wall offensive…
On 26 August, a glacier on the border between Nepal and the Tibet autonomous region…
This is the third attack to affect a WHO-used storage facility in the last three…