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| Arabia |
| Saudi King: Government to Focus on Raising Efficiency of Public Spending |
| 2015-12-25 |
| [WESTFIELDTIMES] Soddy Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face... 's King Salman ...either the largest species of Pacific salmon or the current Sheikh of the Burnin' Sands, Cutodian of the Two Holy Mosquesand Lord of Most of the Arabians.... said on Wednesday the government's economic vision would focus on increasing the efficiency of government spending as well as raising returns on investments, according to the Twitter account of the Saudi Shura Council. King Salman officially inaugurated a new session for the consultative body earlier on Wednesday. He was also cited as saying that the economy had maintained real growth despite economic volatility and declining oil prices. The world's top oil exporter is facing severe fiscal pressure this year as a result of cheap oil prices, running an annual budget deficit of over $100 billion and forcing Saudi authorities to begin reining in state spending. However, there's no worse danger than telling a mother her baby is ugly... Salman said Riyadh had been able to preserve its public debt levels and reiterated Saudi Arabia's support for a stable oil market, which he said would protect the interests of current and future generations. His comments were not delivered in the brief televised speech he made to the council, but were distributed to its members in paper form afterwards and then released on its official Twitter account. |
| Posted by:Fred |
| #4 Disbanding the religious police would be an amazing cost savings as they are nothing but parasites on the Saudi state. |
| Posted by: 3dc 2015-12-25 15:30 |
| #3 We see how smart people really are when they run short of money. |
| Posted by: Alaska Paul 2015-12-25 13:22 |
| #2 Wait, you mean there's no magic money tree? Quick, Johnson, hold the presses and alert the DNC! |
| Posted by: Procopius2k 2015-12-25 12:02 |
| #1 We're running outta bread. |
| Posted by: Shipman 2015-12-25 08:06 |