VOL. XXXIX
No. 15
8-January-1996
SAUDI ARABIA
Saudi Budget Receives Generally Favorable Response
The limited statement on the Saudi budget for 1996 is very much a continuation of the 1995 budget and is consistent with the policy, outlined in the current five-year plan, of creating a more dynamic private sector by curtailing the size and dominance of the public sector. The budget, which was issued on 1 January by the Ministry of Finance and National Economy, projects an increase in the...
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