Saudi Arabia’s King Salman bin Abdulaziz Al Saud issued a royal decree yesterday (December 9) on the general budget for fiscal 2020, approving an expenditure of SR1.02 trillion ($272 billion) as the Kingdom embarks on a major privatization push. The government has predicted revenues of SR833 billion, while deficit is estimated at SR187 billion, said the Saudi Press Agency (SPA). Revenues shall be levied according to financial regulations and all ...