2005 News Story
 

02/20/2005
Finance Minister confirms increased spending on infrastructure

Minister of Finance Dr. Ibrahim Al-Assaf, in an article published in the English-language daily ‘Arab News’, confirmed that the Saudi Government plans to spend more on infrastructure projects over the next few years. This, he said, reflects Saudi Arabia's economic development. He also expressed the hope that the Kingdom would be able to pay off its public debt within a short span of time.


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