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Saudi King: Government to Focus on Raising Efficiency of Public Spending

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Saudi Arabia's King Salman said on Wednesday the government's economic vision would focus on increasing the efficiency of government spending as well as raising returns on investments, according to the Twitter account of the Saudi Shura Council. King Salman officially inaugurated a new session for the consultative body earlier on Wednesday. He was also cited as saying that the economy had maintained real growth despite economic volatility and declining oil prices. The...

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