Finance minister: Saudi Arabia facing current global crisis from position of strength

Fri, 2020-04-17 04:49

RIYADH: Saudi Finance Minister Mohammed Al-Jadaan said the Kingdom was facing the current global crisis from a position of strength, the Saudi Press Agency reported early Friday.

He pointed to the country’s huge reserves and relatively low debt obligations as factors that would allow it to withstand the slowdown of the world economy due to the coronavirus pandemic.

— More to follow.

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