VOL. XLVII
No 17
26-April-2004
BUDGETS AND REVENUES
Samba Revises Upwards Saudi Arabias 2004 Economic Forecast
Samba has revised upward its key 2004 economic forecasts for Saudi Arabia after first quarter oil prices and the countrys oil production exceeded expectations, the bank said in a report published on 10 April entitled Saudi Arabias Economy: First Quarter 2004 Update. Sambas Chief Economist and author of the report, Brad Bourland, said that the bank has hiked its average oil price forecast...
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