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Saudi king in post-coronation giveaway

It is estimated that he would have given US$32b to ordinary Saudis

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KING SALMAN: The giant payouts he ordered included grants to professional associations, literary and sports clubs; investments in water and electricity; and bonuses worth two months of salary to all government employees, among others.

Riyadh

EUROPEAN leaders are still battling over austerity. The US Congress is gearing up for another fight over the budget. But in Saudi Arabia, there are no such troubles when you are the king - and you just dole out billions and billions of dollars to ordinary Saudis by royal decree.