Saudi Arabia responds to low oil prices with economic reform plan
28.04.2016 - 17:27
Saudi Arabia, having forced down oil prices to try to push US shale oil producers out of business, is now having to address the problems of much less money flowing into its state coffers Its answer is an economic reform plan including selling off as much as five percent of its state energy giant Saudi Aramco and using the cash raised for a massive global investment fund.