Friday 13 November 2015

Saudi Arabia looks to reform energy subsidy programme - FT.com

Saudi Arabia looks to reform energy subsidy programme - FT.com:

"Saudi Arabia is studying a programme of sensitive energy subsidy reforms to reduce pressure on its economy, despite popular wariness of increases to the cost of living.
Low oil prices have encouraged radical thinking on the economy in Riyadh — including subsidy reform, which was avoided when government coffers were flush with petrodollars."



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