King Salman pledges to maintain stability, create jobs


  • World
  • Wednesday, 11 Mar 2015

Saudi Arabia's King Salman is seen during U.S. President Barack Obama's visit to Erga Palace in Riyadh January 27, 2015. REUTERS/Jim Bourg

RIYADH (Reuters) - Saudi Arabia's King Salman said he would fight corruption, diversify the economy and confront anybody who challenged the stability of the world's top oil exporter in his first big speech since taking power on Jan. 23.

His speech, carried on state television, focussed on the need to create private sector jobs for young Saudis, a main policy goal for many years as Riyadh strives to meet a looming demographic challenge while controlling public spending.

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