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Saudi work to ease price surge
- Saudi Arabia: Wednesday, January 30 - 2008 at 08:28
Saudi Arabia's government adopted a series of urgent measures to curb the rising cost of living in the kingdom, reported Gulf News. The new measures were approved during the weekly meeting of the cabinet chaired by King Abdullah Bin Abdul Aziz. The measures include a 50 per cent reduction in fees collected by state-owned ports on imported commodities. This measure will remain in effect for three years.
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