You are here

Saudi Arabia cuts 2016 budget deficit, to boost 2017 spending

Riyadh

SAUDI Arabia said on Thursday it had successfully cut into its huge state budget deficit this year and will increase government spending in 2017 to boost flagging economic growth.

The deficit shrank to 297 billion riyals (S$114.7 billion) in 2016. That was well below a

sentifi.com

Market voices on:

Powered by GET.comGetCom