Saudi Arabia’s $54 Billion Haul Still Leaves It Craving Cash

The kingdom hauled in more than $54 billion this year to fund its massive spending ambitions—equivalent to about 5% of its gross domestic product. It loaded up on debt, sold shares in crown-jewel oil company Aramco and cashed out bets on U.S. tech giants.

 

 

 

 

Source: WSJ

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Jerry

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