VOL. XXXVIII

NO. 32

8-MAY-1995

Financial and Banking News

Budgets & Revenues

Aba Al-Khail Minimizes Effect Of Sliding Dollar On Saudi Economy

The Saudi Minister of Finance and National Economy, Mr. Muhammad Aba al-Khail,has said that Saudi Arabia will not suffer as much as other countries from theslide in the value of the US dollar, because about a quarter of its totalimports come from the US. In an interview with the London-based Arab languagedaily al-Hayat of 28 April, Mr. Aba al-Khail noted...