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Saudi GDP fell in the third quarter and expectations of spending $ 334 billion in 2024

Saudi GDP fell in the third quarter and expectations of spending $ 334 billion in 2024. Oil activity fell 17% from a year ago following crude production cuts under OPEC Plus agreements. Saudi Arabia announced last week that it would extend its voluntary oil production cuts by one million barrels per day until March 2024. Despite the expected recovery next year, Saudi Arabia will turn to debt markets to manage a projected budget deficit of 79 billion riyals in 2024 (1.9% of GDP), compared to 2% in 2023. ....

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Saudi Arabia Announces Budget 2022, with a Focus on Service Improvement, Fiscal Sustainability and Private Sector Empowerment

/PRNewswire/ The Council of Ministers, in its session held today, 12 December 2021, under the chairmanship of the Custodian of the Two Holy Mosques, King. ....

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Finanzsektorenkonferenz schließt ihre erste Schwerpunktveranstaltung der Finanzsektorenkonferenzgespräche ab

/PRNewswire/ Am Montag, den 27. September 2021, beendete die Finanzsektor-Konferenz (FSC) ihre erste konzentrierte Veranstaltung der „Financial Sector. ....

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