saudi wages

Saudi Chops Wage, Benefit Bill in Delicate Pursuit of Austerity

RIYADH/DUBAI, Sept 27  – A decision to slash ministerial pay by a fifth reflects Saudi Arabia’s resolve to nudge its citizens into tolerating a fall in living standards at a time of low oil prices. Along with reductions unveiled on Monday that will affect all public sector workers, the cuts also flag to financial markets before

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