End of Wealth: Raw Materials Crisis Hits Saudi Arabia, Rich OPEC Countries

Saudi Arabia is planning to issue government bonds amounting to 27 billion dollars. The country is experiencing a loss of revenue due to the fall in oil prices.

 

The raw materials crisis has now reached the rich OPEC countries, DWN reported.

Thus, Saudi Arabia has to take corresponding financial measures to counteract the fall in oil prices and ensure the liquidity of its state budget.

Read more: http://sputniknews.com/middleeast/20150807/1025499929.html#ixzz3i8qy72io

Read more: http://sputniknews.com/middleeast/20150807/1025499929.html#ixzz3i8qpRfhU

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