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| Arabia |
| Finance Minister: Saudi Arabia to Cut Budget Deficit to 7% in 2018 |
| 2018-05-04 |
| [AAWSAT] Soddy Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face... is on track to cut its budget deficit to seven percent of gross domestic product this year, Saudi Finance Minister Mohammed al-Jadaan said on Wednesday. He pointed out the effectiveness of the country's fiscal and economic reform program over the past two years. Jadaan inaugurated Wednesday the activities of two-day Euromoney Saudi Arabia Conference 2018, which is held in Riyadh. "The world is witnessing promising progress due to positive expectations for growth rates in developed and emerging markets, Jadaan said, speaking at the conference. |
| Posted by:Fred |