Sources said Saudi Arabia's deputy crown prince has privately outlined plans to reshape the economy to withstand low oil prices. The plans could be the biggest policy shake-up since the kingdom's economy was last hurt by cheap oil over a decade ago. The strategy was presented by Mohammed bin Salman at a meeting this week with senior officials, businessmen and economists. The sources added it includes state spending reforms and privatizations in the world's top oil exporting country. The plans are expected to be made public in the next few weeks, probably in January. http://nbcnews.to/1OgpXHA http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com
Search This Blog
12/20/15
Saudi Arabia Makes Plans To Upend Economy
Sources said Saudi Arabia's deputy crown prince has privately outlined plans to reshape the economy to withstand low oil prices. The plans could be the biggest policy shake-up since the kingdom's economy was last hurt by cheap oil over a decade ago. The strategy was presented by Mohammed bin Salman at a meeting this week with senior officials, businessmen and economists. The sources added it includes state spending reforms and privatizations in the world's top oil exporting country. The plans are expected to be made public in the next few weeks, probably in January. http://nbcnews.to/1OgpXHA http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com
Subscribe to:
Post Comments (Atom)
© 2012-2024. The content on this website is owned by us and our licensors. Do not copy any content (including images) without our consent.
No comments:
Post a Comment
For Purchases and Marketing help, please use our email form.