VOL. XLIV
No. 09
26-February-2001
SAUDI ARABIA
Saudi Arabia Achieves Real Growth Of 4.1%, But Still Faces Debt Burden And Fiscal Challenges
An average oil price of $27/B and increased oil production allowed Saudi Arabia to achieve a sharp rise in export revenues in 2000 (to $77bn from $40bn the year before) and a budget surplus, according to the Saudi American Bank (Samba). In a report issued by the banks Chief Economist, Brad Bourland, entitled The Saudi Economy: 2000 Performance, 2001 Forecast,...
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!