VOL. XLV
No 23
10-June-2002
SAUDI ARABIA
SEC Endorses Privatization Strategy, Approves Four Measures;Revenue To Offset $168Bn Debt
Saudi Arabias Supreme Economic Council(SEC) on 4 June endorsed the kingdoms privatization strategy and announcedfour specific steps to achieve its goals. SEC Secretary-General 'Abd al-Rahman al-Tuwaijri said the strategy comprised the objectives andpolicies of privatization, as well as its methods and regulations along withadministrative procedures to implement it....
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