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Saudi official television announced that the Kingdom will support the economy with a value exceeding 120 billion riyals ($ 31.93 billion) to reduce the impact of the Corona virus outbreak.
According to Reuters, the television, citing Finance Minister Mohamed Al-Jadaan, said that the package includes $ 50 billion in support for banks, financial institutions and small and medium-sized companies.
It also includes other initiatives to support the economy worth more than 70 billion riyals.
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