VOL. XXXVI

NO. 51

20-SEPTEMBER-1993

Financial and Banking News

BUDGETS AND REVENUES

Saudi Current Account Deficit Higher Than Expected In 1992, IMF FiguresShow

New figures from the IMF estimate Saudi Arabia's current account deficit for1992 at $19.431bn, far higher than had been expected. The new figures areprinted in the September edition of International Financial Statistics (IFS), published by the IMF. The most recent IMF report on the Kingdom, written afteran Article IV visit last February,...