Saturday, November 4, 2017
Beyond oil: Saudi Arabia’s 2030 economic vision | Saudi Arabia
Gulf nations need to diversify their economies and move away from oil dependency, says the International Monetary Fund (IMF). This warning comes as Saudi Arabia continues to work out how to sell around five percent of its state-run oil producer, Aramco – a deal that could raise more than $100bn. The plan is at the heart of an ambitious economic reform programme, which includes a new $500bn
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