Saudi budget plans show commitment to fiscal improvements: Moody’s
LONDON: Saudi Arabia’s spending plan as announced in its pre-budget statement is a positive development for the credit rating of the kingdom, Arab News quoted rating agency Moody’s, as saying. “The 2022 pre-budget statement confirmed the government’s plans for further spending cuts during 2022-23, in line with the previously published Fiscal Balance Programme. This is credit positive … Read more