Saudi Arabia triples taxes, cuts $26B in costs amid pandemic


Posted on: May 11th, 2020 by ABC News No Comments

Saudi Arabia has tripled taxes on basic goods, raising them to 15%, and has announced spending cuts of around $26 billion as it grapples with blows from the coronavirus pandemic and low oil prices on its economy



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Saudi Arabia triples taxes, cuts $26B in costs amid pandemic


Posted on: May 11th, 2020 by ABC News No Comments

Saudi Arabia has tripled taxes on basic goods, raising them to 15%, and has announced spending cuts of around $26 billion as it grapples with blows from the coronavirus pandemic and low oil prices on its economy



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You must be logged in to post a comment.