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Saudi Arabia to slash spending by 5% as oil prices fall

March 19, 2020

Saudi Arabia says the government will cut spending by 5%, or about $13.3 billion, to offset the impact of plunging oil prices and the effects of the coronavirus on its economic outlook

https://abcnews.go.com/Business/wireStory/saudi-arabia-slash-spending-oil-prices-fall-69680607
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