Quoted

“The reality is that this kind of spending would create some sort of overheating in the economy and that’s not really desirable. There’s also a risk to the profitability of projects if they go ahead sort of unabated without financial constraint.” Jean-Michel Saliba, Bank of America Corp.’s Middle East and North Africa economist, Saudi Prince’s Trillion-Dollar Makeover Faces Funding Cutbacks [Bloomberg]





Left Menu Icon
Logo Header Menu