VOL. XXXI
NO. 19
15-FEBRUARY-1988
Financial and Banking News
BUDGETS AND REVENUES
Saudi Official Gives Details of Projected Issue of Government Bonds
The Undersecretary of the Saudi Ministry of Finance and National Economy,Dr. Salih al'Umair, has recently disclosed to the press some details of thegovernment's decision to issue up to SR30bn ($8bn) worth of SR-denominated bondsin order to finance the Saudi budget deficit. Dr. 'Umair's remarks on the newdebt instruments have been eagerly awaited in...
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