Business

Saudi king cuts ministers’ salaries 20%

Saudi Arabia Monday cut the salaries of cabinet ministers by 20 percent and froze the wages of lower-ranking civil servants in an intensified austerity drive to cope with lower oil revenues.

While ministers will have lower salaries, the 160 members of the Shura Council will see a 15-percent drop in their annual allowances for housing…
Read More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button