Financial and Banking News
BUDGETS AND REVENUES
Saudi Balance of Trade Surplus Sharply Up in 1987
The surplus in the Saudi balance of trade in 1987 rose to SR9,287mn($2,477mn) from SR1,358mn ($326mn) in 1986, according to figures published bythe Saudi Ministry of Finance and National Economy recently in its 1987 Statistical Yearbook. The value of exports in 1987 rose 17.3% to SR84,600mn fromSR72,138mn in 1986, while the value of imports rose by only 6.4% to SR75,313mn...