Saudi Arabia to benefit from OPEC cuts thanks to oil price boost, IMF says

Saudi Arabia to benefit from OPEC cuts thanks to oil price boost, IMF says

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RIYADH: Higher oil prices will offset any losses that could arise from Saudi Arabia's plan to cut production by 500,000 barrels a day, the International Monetary Fund's mission chief to the Kingdom has claimed. Amine Mati stated that the impact on the budget and on the external position relative…

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