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Saudi Arabia to buck regional trend with public spending increase: Moody s

RIYADH: Saudi Arabia is on track to expand public spending in 2023 by a total of 9 percent in 2023 as other countries in the Gulf Corporation Council region tighten their belts, according to Badis Shubailat, an analyst at American credit firm Moody’s. His comments came as the company released a report highlighting that the GCC banks are set to secure a solid financial

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