Saudi official Warns over Bankruptcy in ‘Three to Four Years’

Saudi official Warns over Bankruptcy in 'Three to Four Years'Two Saudi Arabia’s senior officials have warned that further cuts are needed to the kingdom’s swollen public sector otherwise the country faces bankruptcy in three years.

Khaled Al Araj, the civil service minister, told a TV debate on Saudi TV network MBC that civil servants in the kingdom barely put in one hour a day in the office and have little incentive to work.
The kingdom’s public sector, which employs more than 70 percent of the workforce, is extremely unproductive and its employees have a poor work ethic, the UK’s Times newspaper quoted him as saying.Saudi official Warns over Bankruptcy in 'Three to Four Years'

Related posts