Middle East Economic Survey
VOL. XLVIII
No 51
19-December-2005
SAUDI ARABIA
Saudi Government Finances Strengthened By Record $148Bn Revenues, 2006 Surplus Forecast
MEES analysis of Saudi Arabia’s 2006 budget reveals that it is based on an oil price of $30/B. Average production for the year is estimated at around 9.45mn b/d, with a net inflow of revenue to the Saudi treasury of around $88bn for the year.
Saudi Arabia has enjoyed a year of record oil income in 2005, bringing in...
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