Financial and Banking News

BUDGETS AND REVENUES

JIMEE Sees Continuing Saudi Budget and BoP Problems

A study prepared by The Japanese Institute of Middle Eastern Economies (JIMEE) entitled "Economic Conditions in Saudi Arabia, Present and Future" concludes that over the next five years 'in terms of both public finance and international balance of payments, the Saudis can be expected to continue to face serious difficulties.' This prognosis is reached on the basis of two...