VOL. XXXIX

No. 16

15-January-1996

SAUDI ARABIA

Further Details On Saudi Public Expenditure

Further details on budgeted Saudi income and expenditure for 1996 have come to light in royal decrees recently promulgated. The allocations, totalling SR31,212.3mn ($8,323.3mn) in expenditure and SR40,115.1 ($10,697.4) in income, cover the Autonomous Governmental Institutions (AGI) - the universities, the state pension fund, the ports authority and the state-owned airline Saudia among others....