Saudi Arabia Scales Back Spending, Leaving Art Institutions in Limbo
An Artnet News report says Saudi Arabia is scaling back government spending amid a liquidity squeeze, creating uncertainty for the kingdom’s cultural and arts institutions. The pullback is described as leaving some art-related projects and organizations in limbo as budgets tighten. The excerpt provided does not include specific dates, agencies, or funding figures.
From This Briefing
This story was covered in Funding Freeze, Performance Provocations, and Collector Scandals