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Saudi Arabia slashes pay for top officials

Saudi Aramco: The biggest energy company in the world

Saudi Arabia is slashing the pay and benefits of top government officials as it tries to plug a huge hole in its budget.

According to a government decree published by state media, government ministers will take a 20% pay cut, while members of the Shura council — an advisory body — will take a 15% cut.

Article source: http://rss.cnn.com/~r/rss/edition_business/~3/SgLKG9iSuuk/index.html