Saudi Arabia to shelve infrastructure projects costing billions as cheap oil bites

Saudi Arabia to shelve infrastructure projects costing billions as cheap oil bites - RT

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Saudi Arabia to shelve infrastructure projects costing billions as cheap oil bites - RT

Saudi Arabia to shelve infrastructure projects costing billions as cheap oil bites
RT
The Saudi government has ordered ministries and organizations to review the projects to either scrap or make them more efficient. Most of the projects go back to the era of lavish government spending buoyed by crude oil prices above $100 per barrel.
No more flashy buildings! Oil blues force Saudis to scrap half-done plansEconomic Times

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Saudi Arabia to shelve infrastructure projects costing billions as cheap oil bites - RT

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