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Saudi Arabia to push ahead with investments despite widening deficit

Sat, Dec 27, 2014 - 5:50 AM

Riyadh

SAUDI authorities pledged to curb wages and push ahead with investments next year as the world's largest oil exporter seeks to counter the effect of tumbling crude prices on the economy.

The government said that it expects the budget deficit in 2015 to widen to 145 billion...

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