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Ahmed Feteha – Saudis Risk Draining Financial Assets in 5 Years, IMF Says

Saudi Arabia may run out of financial assets needed to support spending within five years if the government maintains current policies, the International Monetary Fund said, underscoring the need of measures to shore up public finances amid the drop in oil prices. QuickTake Saudi Arabia The same is true of Bahrain and Oman in the six-member Gulf Cooperation Council, the …