Over Prime Minister or is Johnsons Corner virus trying to cheat in the u. K. And china reopens disneyland in shanghai even as new coronavirus cases are equal to it in one city. Thank you for joining us we begin with some breaking news out of saudi arabia for us which has announced major budget cuts and an increase in the value added tax as fire of measures aimed at shoring up state finances which have been battered by loyal prices and the corner virus pandemic according to the state news agency there. Has been increased threefold from 5 to 15 percent the government has also canceled the cost of living allowance for all Public Sector employees starting next month well bring you more details on this breaking news story as well as analysis and reaction later here on aljazeera now and. Libya and the battle for tripoli turkey says attacks on the countrys only functioning airport 10 Diplomatic Missions in which civilians have been killed amount to war crimes and its warning it will take acti
The power base of u. S. Politics and. This is a very very scary virus you dont it that people are going to go back to work and there could be worried about texting. Infections in mexico near their peak but our official numbers concealing the real extent of the crisis. Could have you with us welcome to the program saudi arabia has announced tough new austerity measures aimed at shoring up state finances which have been battered by low oil prices and the coronavirus pandemic from july the 1st itll raise value added tax from 5 to 15 percent it will also cut up to 26000000000. 00 from government infrastructure upgrades including crown Prince Mohammed bin salons vision of the 2030 project and to from the beginning of next month is suspending a cost of living allowance for workers more on that story as it develops through the day. We go to china now where its also continuing to take steps to reopen its economy even as it reports a rise in new coronavirus cases Chinese Health authorities anno
And expats back in and the trusted face of americas a virus crisis is in quarantine as infections hit the power base of the u. S. Politics. This is a very very scary virus you know that the people are going to go back to work and theyre getting worried about their eggs. Have you with us and welcome to the program saudi arabia has announced tough new austerity measures aimed at shoring up state finances which have been battered by low oil prices and the coronavirus pandemic from july the 1st it will raise a value added tax from 5 to 15 percent it will cut up to 26000000000. 00 from government infrastructure upgrades including crown Prince Mohammed bin still mans vision 2030 project and from the beginning of next month is the spending a cost of living allowance for workers. Is director of the institute for gulf affairs he says the announcement of the new measures was expected. Government qana mean saudi arabia has been under a lot of stress that thats why the government would drew 230000
Tourist attraction in china is back in business even as new coronavirus cases are reported in with her. Back into the program lets bring you this breaking news coming out of iran that in a rainy and naval ship has been mistakenly hit by a missile fired by another ship in its own fleet state television says that at least one person has been killed and several others have been injured in the incident it happened when the support fassel got too close to a target during naval exercises in the jasc region of southern iran on the gulf of oman. In other news saudi arabia has announced tough new austerity measures aimed at shoring up state finances which have been battered by Lower Oil Prices and the coronavirus pandemic from july the 1st it will raise value added tax from 5 to 15 percent it will cut up to 26000000000. 00 from government infrastructure upgrades sink looting crown prince mohammeds solve mans vision 2030 project from the beginning of next month is suspending a cost of living all
A director for the institute for gulf affairs he says the announcement of the new measures was expected. Government column in saudi arabia has been under a lot of stress that that is why the government would draw 23000000000. 00 from the reserves in march this is the largest withdrawal from from the reserves ever in the history of the country so and then moodys obviously dont grade it saudi just a few weeks ago so were looking at continuous bad in 0. Problems facing the economy and hurdles and hits not only corona has blocked or stopped ramadan you have but one and a half 1000000 people coming to america and medina during ramadan but also had been cancelled in addition obviously to the oil prices being decimated by saudi arabia itself and its policy i dont think the project will ever start that a little long completed because they cannot make realities have changed massively the oil prices about going to go back to where they were a year ago for a long time and that means that there ar