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Saudis to Create More jobs, Cut Subsidies in Reform Plan

Saudi Arabia on Tuesday unveiled the details of the first phase of an economic overhaul aimed at reducing reliance on oil exports and preparing for the millions of young people who will be seeking jobs and affordable housing in the coming years. The National Transformation Plan (NTP) was approved by the Saudi Cabinet late Monday. Hundreds of the NTP's targets were detailed in a 114-page document distributed to journalists on Tuesday. Key targets include creating 450,000 new...

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