VOL. XLIV

No 46

12-November-2001

SAUDI ARABIA

Saudi Arabia Expects Small BudgetDeficit In FY2001

The Saudi Arabian Minister ofFinance and National Economy, Ibrahim al-'Assaf, said on 31 October that he expectsthe country to report a small budget deficit for the financial year 2001.Speaking at a press conference in Riyadh, the minister explained that thecountry would not meet its budget targets, saying we expect a slight deficitin this years budget due to global events and the conditions the...