Saudi government to pay private sector dues 'within months':
Outstanding payments owed by the Saudi government to private-sector firms will be made “within months,” the Kingdom’s economy minister has said.
The crash in oil prices from mid-2014 forced the government to slash projects and delay payments to some contractors and suppliers, while disputes have held up some other settlements.
The vast majority of claims have now been addressed, and the Kingdom is committed to settling all outstanding cases, said Mohammed Al-Tuwaijri, Saudi minister of economy and planning.
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