Saudi Budget-2018 Will Announce on Tuesday, Dec. 19

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Saudi Arabia’s government will announce the state budget for 2018  on Dec. 19, the Information Ministry said on Monday.

Finance Minister Mohammed al-Jadaan, Economy Minister Mohammad al-Tuwaijri and Central Bank Governor Ahmed al-Kholifey will speak at a budget news conference.

The new budget comes at a time when the Kingdom is undergoing major reforms as part of its Vision 2030 initiative designed to diversify its oil-dependent economy.

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