REPORT: Foreign governments press Saudi Arabia on workers' delayed wages

Nicole Hajal Author: Nicole Hajal
Breaking Headlines
07-03-2016 | 14:44
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REPORT: Foreign governments press Saudi Arabia on workers' delayed wages
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REPORT: Foreign governments press Saudi Arabia on workers' delayed wages

Foreign governments are pressing authorities and executives in Saudi Arabia to ensure that local construction firms make delayed salary payments to thousands of workers, a sign of pressure on the kingdom's economy due to low oil prices.

 

Since late last year, the Saudi government has responded to shrinking oil revenues by clamping down on state spending to curb a budget deficit running at about $100 billion annually.

 

 

REUTERS

 

For more details watch full report in the video above

Breaking Headlines

Saudi Arabia

Wages

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