Saudi Arabia can sustain high spending in medium term
After 15 years of high oil prices, the kingdom's 2015 budget reflects a new period of lower revenues
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In this article
- Slower spending growth
- Private sector dependence
- Oil price assumptions
- Deficit is likely to exceed target
- Strong financial position
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_350.jpg "Oil Minister Ali al-Naimi talks to journalists before a meeting of OPEC oil ministers (Reuters/Heinz-Peter Bader)")