07
Sep
01:00
Saudi finance minister admits project delays on oil price slump: reports
Saudi Arabia will cut unnecessary expenses and delay some projects owing to lower government revenue as a result of the oil price slump, Saudi Finance Minister Ibrahim Alassaf told CNBC Arabia during a visit to Washington.
The minister said Saudi was well prepared to deal with the lower oil prices. "We have built reserves, cut public debt to near-zero levels and we are now working on cutting unnecessary expenses while focusing on main development p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous