VOL. XXX
NO. 15
19-JANUARY-1987
SAUDI ARABIA
Budget Highlights Reduced Dependence on Oil Says Nazer
The Saudi Oil Minister, Mr. Hisham Nazer, has pointed out that the decreasein oil revenues and increase in non-oil revenues in the recently announced 1987Saudi budget (MEES, 5 January) is a positive trend indicating the success of theKingdom's development program, and that the reduced dependence on one source ofrevenue "makes us more confident of the future."
Speaking on Saudi TV on 8 January, Mr....
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