SAUDI ARABIA: Down to their last few billion in petro-dollars as #oil falls they cancel $266.7 billion in projects announce they will finally be settling their debts to the private-sector by year end – Saudi Press Agency – @AceNewsServices

#AceNewsServices – Nov.09: Feeling the oil crunch: Saudi Arabia cancels $266bn in projects
Preview Saudi Arabia’s governing economic body called the Council of Economic and Development Affairs (CEDA) has cancelled $266.7 billion in projects, the Saudi Press Agency said, and announced it would be settling much-delayed private-sector payments by year end.

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