VOL. XXXI
NO. 26
4-APRIL-1988
Financial and Banking News
BUDGETS AND REVENUES
'Abd al-Latif says Saudi Borrowing Plans Still Not Finalized
Despite a flurry of contradictory reports last week the Saudi Government hasstill not finalized its plans for borrowing to cover the budget deficit,according to the Deputy Governor of the Saudi Arabian Monetary Agency, ShaikhAhmad 'Abd al-Latif. The confusion arose from a story published by Reuters whichquoted unnamed bankers in the Kingdom as saying that the...
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