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Many of the oil rich nations around the world will remember 2015 as year of record low prices. Last Monday, one of the those countries, Saudi Arabia, announced plans to shrink a record budget deficit with spending cuts, and a drive to raise revenues from taxes. It puts more pressure on a country trying to balance the books and the demands of a young, aspirational generation. Subscribe to BBC News HERE http://bit.ly/1rbfUog Check out our website: http://www.bbc.com/news Facebook: http://www.facebook.com/bbcworldnews Twitter: http://www.twitter.com/bbcworld Instagram: http://instagram.com/bbcnews