VOL. XLVI
No 47
24-November-2003
SAUDI ARABIABUDGETS AND REVNUES
Saudi Economy Boosted By $85Bn 2003 Oil Revenues, Strong Outlook In 2004, Says Samba
The Saudi economy has enjoyed an exceptional year in 2003 with oil revenues expected to reach a 20-year high of $85bn according to a report from Saudi American Bank (Samba) The Saudi Economy: A Look Ahead to 2004 published on 5 November. Sambas estimate of oil revenues for 2003 is based on an oil price of $27/B, and average production of 8.7mn b/d....
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