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Saudi Arabia sets aside $26.7bn to settle delayed private sector payments

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Saudi Arabia sets aside $26.7bn to settle delayed private sector payments
11 November 2016, Riyadh — Saudi Arabia’s government has set aside 100 billion riyals ($26.7 billion) to pay debts that it owes to private sector companies after payment delays that have lasted months, an official document seen by Reuters shows. To help curb a huge budget deficit caused by low oil prices, the government of […] More »
Saudi Arabia sets aside $26.7bn to settle delayed private sector payments Saudi Arabia sets aside $26.7bn to settle delayed private sector payments Reviewed by Crude Oil Facilitators on 14:45 Rating: 5

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