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Monday 19 April 2021

Saudi crown prince’s latest economic plan comes with big risks

Saudi Arabia’s latest economic plan comes with a big risk: while it might help boost investment, it could also hit the government’s finances. Crown prince Mohammed bin Salman wants the kingdom’s biggest companies -- including oil giant Saudi Aramco and chemical maker Sabic -- to reduce their dividends, most of which are paid to the state, and spend the money locally.

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