On 20 March Saudi Arabia unveiled $32bn-worth of measures to support its economy as it grapples with the impact of falling oil prices and coronavirus disruption. Demand for oil has plummeted as more and more economies go into Covid-19 lockdown. An oil price war between Saudi Arabia and Russia has also seen markets flooded with excess supply.
Saudi Arabia has also taken tough measures to tackle the spread of coronavirus, including closing down malls, restaurants, public gardens and many workplaces, as well as imposing international and domestic travel restrictions.
