Financial and Banking News
BUDGETS AND REVENUES
SAMA Gives Figures For Saudi Oil Exports
Saudi Arabia earned SR163.3bn ($43.5bn) from oil exports in 1991, an increaseof 8.9% on the previous year, according to figures released by the Saudi ArabianMonetary Agency (SAMA) on 17 May. SAMA said that non-oil exports totaledSR15.3bn ($4.1bn). The increase in oil export revenues is due mainly to anincrease in production, which averaged 8.2mn b/d in 1991, compared to 6.3mn b/din...