Saudi to take 'strict, painful' measures to deal with coronavirus impact

CORONAVIRUS | Saudi Arabia will take strict and painful measures to deal with the economic impact of the coronavirus pandemic, the finance minister said on Saturday, adding that “all options for dealing with the crisis are open”.

“We must reduce budget expenditures sharply”, Mohammed al-Jadaan said in an interview with Al Arabiya TV, adding that the impact of the new coronavirus on Saudi Arabia’s state finances will...