About This Source - Al Jazeera
The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster in Doha, Qatar, owned by the Al Jazeera Media Network. More from Al Jazeera
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Saudi Arabia has announced major budget cuts and a steep increase in value-added tax (VAT).
The move is aimed at shoring up state finances, which have been battered by low oil prices and the coronavirus pandemic.
Al Jazeera’s Alexi O’Brien reports.
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