The Faisaliya tower stands among other buildings in the Saudi capital Riyadh on December 5, 2019. / AFP / FAYEZ NURELDINE
Saudi Arabia announced spending of 1.02 trillion riyals for 2020, setting a higher year-on-year deficit as it expects lower revenue due to oil production cuts. AFP

Saudi Arabia sets 2020 budget with plans to spend 1.02 trillion riyals

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