Saudi Arabia feels impact of low oil prices
Saudi Arabia is considering borrowing money on the local market in order to fund a growing budget deficit caused by the drop in oil prices and its expensive war in Yemen. Fiona Symon talks to Simeon Kerr, FT Gulf correspondent, about the kingdom's...
FT News in Focus · Financial Times
August 5, 20156m 16s
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Show Notes
Saudi Arabia is considering borrowing money on the local market in order to fund a growing budget deficit caused by the drop in oil prices and its expensive war in Yemen. Fiona Symon talks to Simeon Kerr, FT Gulf correspondent, about the kingdom's options.
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