VOL. XXXIV

NO. 32

13-MAY-1991

The Economic Development And Oil Policy Of Saudi Arabia

The following is the text of an address delivered by the Saudi Minister ofPetroleum and Mineral Resources and Acting Minister of Planning, Mr. Hisham M.Nazer, at the Eminent Speaker Series sponsored by the Harvard Business School inBoston on 6 May.

As a modern state with significant oil and gas reserves, our dating isrelatively recent. It was in the first decade and one-half of this century thatthe present...