VOL. XLVI

No 26

30-June-2003

SAUDI ARABIA

BUDGETS AND REVENUES

Saudi Arabia Continues To Face Economic Challenges, Says EIA

Despite the recent surge in its oil income, Saudi Arabia continues to face serious long-term economic challenges, including high rates of unemployment (around 15-20%), one of the worlds fastest population growth rates, and the consequent need for increased government spending, according to the latest Saudi Arabia Country Analysis Brief published by the US Energy Information...