SAUDI
CUTS MINISTERS’ SALARIES BY 20 PER CENT
King Salman
Saudi Arabia’s King Salman on Monday cut cabinet ministers’
salaries by 20 percent and reduced other state officials’ benefits in a
continuing austerity drive to cope with lower oil revenues.
The 160
members of the Shura Council, who include 30 women, will see a 15 percent drop
in their annual allowances for housing, furniture and cars, a royal decree
said.
Council
members are appointed by the king to advise cabinet.
The
decrees which announced the measures did not say how much money would be saved.
Since
2014 global oil prices have collapsed by more than half, leaving Saudi Arabia
with a record deficit last year.
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