World News

Saudi Arabia seeks cure for ‘addiction to oil’

音声ダウンロード

Saudi Arabia unveiled a bold reform plan April 25 aimed at weaning the country off its “addiction” to oil in a bid to prepare the next generation of Saudi leaders for the domestic pressures of youth unemployment and revenues eroded by lower oil prices.

The project, which includes plans to float a stake in the world’s largest oil company, Aramco, and set up a large government investment fund, is meant to help steer the OPEC kingdom away from its long reliance on cheap-to-produce oil. (AP)

サウジアラビア、原油依存脱却の経済計画を発表

サウジアラビアは４月25日、原油依存からの脱却を目指す経済改革案を発表した。世界最大の国営石油会社の新規株式公開の実施などが含まれる。

The Japan Times ST: May 6, 2016