VOL. XLV

No 4

28-January-2002

SAUDIARABIA

SaudiArabia To Pursue Policy Of Budget Restructuring

TheSaudi Minister of Finance, Ibrahim al-'Assaf, has stated that his country is determinedto pursue a policy of restructuring its budget, which has recorded an actualdeficit in the past year and is projected to remain in deficit in 2002 becauseof the slowdown in the world economy and the adverse effects of the 11September attacks in the US. In an address to representatives of US companiesand Saudi...