SAUDIS NEED $85
REUTERS - Saudi Arabia is on track on to cut its budget deficit to 7 percent of gross domestic product this year, Finance Minister Mohammed al-Jadaan said on Wednesday.
Speaking at a conference in Riyadh, he also said first quarter fiscal results show significant progress in growing non-oil revenues and raising spending efficiency in the kingdom, whose economy contracted last year.
Saudi Arabia has projected a budget deficit…
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