JEDDAH, SAUDI ARABIA-The government of Saudi Arabia has unveiled its five-year development plan, which will cost $385 billion. The government plans to build schools, housing, hospitals and other infrastructure projects with this money. This was reported by the Saudi Press Agency.
King Abdullah has been under pressure to build housing facilities and create jobs for the citizens as unemployment and population both kept rising. This plan exceeds its previous five-year development plan by 67%. For the full story, go to Reuters.
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