Thousands of low-paid foreign laborers were left stranded after the government stopped project payments.
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Saudi Arabia will settle all delayed payments to private businesses by the end of the year as it concludes a review of government projects that has saved tens of billions of riyals.The council authorized payments to begin immediately, the news service said, without giving further details on the size of the arrears.Saudi Arabia has also reviewed hundreds of contracts, rescheduling some and amending others, the press agency said.The world's biggest oil exporter halted payments to contractors last year as it sought to rein in a budget deficit that reached about 15 percent of gross domestic product.
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