Saudi Arabia slashes budget and increases tax
Saudi Arabia has announced major budget cuts and a steep increase in value-added tax (VAT).
The move is aimed at shoring up state finances, which have been battered by low oil prices and the coronavirus pandemic.
Al Jazeera's Alexi O'Brien reports.
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#AlJazeeraEnglish #SaudiArabia #BudgetCuts
Видео Saudi Arabia slashes budget and increases tax канала Al Jazeera English
The move is aimed at shoring up state finances, which have been battered by low oil prices and the coronavirus pandemic.
Al Jazeera's Alexi O'Brien reports.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#AlJazeeraEnglish #SaudiArabia #BudgetCuts
Видео Saudi Arabia slashes budget and increases tax канала Al Jazeera English
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