Middle East Economic Survey
VOL. LIII
No 52
27-Dec-2010
SAUDI ARABIA
Saudi Government Unveils Record Expansion-ary Budget
Sustained high crude oil prices this year have provided Saudi Arabia with the impetus to hike 2011 budgeted expenditure 7.4% to a record SR580bn ($155bn). But the kingdom is not only reaping the rewards of buoyancy in the oil market, it is also benefiting from prudent management of its public finances over the last several years. This has allowed it to weather the...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!