VOL. XXXIX

No. 8

20-November-1995

SAUDI ARABIA

King Fahd Says Deficits Were 2% Of GDP In First Half Of 1995

In a statement carried by the official Saudi press agency on 14 November, King Fahd of Saudi Arabia told the Council of Ministers that "the Kingdom has been able to overcome the difficulties which have afflicted it and which were less than the level described by the international press. In addition to that, the Kingdom of Saudi Arabia is today in a better economic state because of...