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Deeq A.

Saudi Arabia Could Borrow Record $58 Billion as Oil Slump Bites

By Deeq A., in News - Wararka

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Deeq A.   
Deeq A.
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Saudi Arabia could borrow 220 billion riyals ($58 billion) this year as it plugs a widening budget gap induced by plunging oil prices and crude production cuts, a record since the kingdom’s debut in international bond markets in 2016.

Source: Hiiraan Online

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