Saudi Arabia says to provide housing to 100,000 poorer families

Saudi Arabia’s government will provide housing for 100,000 low-income families over the next year as part of a reform program designed to strengthen the economy and reduce its dependence on oil, the Housing Ministry said on Sunday.

The announcement suggests authorities are keen to show swiftly that the reform plan, announced last week, is delivering tangible public benefits. The plan will also involve economic pain as taxes are raised and subsidies are cut.

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