Saudi Arabia Plans Aramco Share Sale as Budget Deficit Persists
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#bca0e304 ver:0.07

Saudi Arabia plans to sell shares in Aramco to raise $10 billion as budget deficit persists. The country's economy contracted in Q3 due to lower oil production and declining revenues. Meanwhile, Russia's budget deficit is projected to be 1% of GDP, and Jordan's draft budget focuses on economic modernization. Aramco will pay $31 billion in dividends to fund Saudi Arabia's spending plans. OPEC is expected to extend supply curbs. #SaudiArabia #Aramco #Russia #Jordan #OPEC...

#newstr #SaudiArabia #Aramco #ShareSale #Riyadh #Russia #Jordan #BudgetDeficit #OilPrices 

 https://here.news/story/bca0e304?ver=0.07