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Saudi Arabia cuts public sector pay in oil slump fallout - Financial Times
Financial Times | Saudi Arabia cuts public sector pay in oil slump fallout Financial Times Applying austerity measures to the large public sector is a politically sensitive move forced by the gaping hole in public finances and deterioration across the broader economy, as the world's biggest oil exporter grapples with the sustained slump in ... Decline in Oil Prices Lands on Government Workers as Saudi Arabia Cuts Paychecks Saudi Arabia slashes ministers' pay, cuts public sector bonuses |
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