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Saudis adopt Gregorian calendar to avoid bankruptcy

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Saudi Arabia switched from the Islamic lunar Hijri to Gregorian calendar Sunday in a their latest austerity effort to curb spending amid bankruptcy rumors. Islamic lunar Hijri calendar: Year comprises of 12 months lasting 354 or 355 days, or 11 days shorter than the Gregorian calendar. Salaries are calculated on annual basis, so a longer year translates into less payment for the employees.

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