VOL. XL
No. 32
11-August-1997
SAUDI ARABIA
Saudi Privatization
Saudi Arabia has taken a further step on the privatization road. At its weekly meetingon 4 August, the Saudi Council of Ministers agreed to a series of basic principles set outin a report presented by a special committee. The report recommended the following:Encouraging the private sector to invest and share in developing the national economy inorder to increase production and achieve prosperity; increasing individual shares in...
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