Saudi Arabia will take strict and painful measures to deal with the impact of the coronavirus pandemic.


Finance Minister Mohamed Al-Jadaan said that it is necessary to reduce expenditures and direct part of them to health care, as the Kingdom has not faced such a crisis for decades, and it is necessary to face a very large shock in revenue, and that the steps taken to curb expenditures are not sufficient.

He added that some projects will be extended by nature due to the Corona measures, and we must be ready to face this crisis, spending was cut, but this is not enough, and we would borrow 120 billion, but now we will borrow more than that by 100 billion riyals, but it is not sufficient.