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  1. Qatar Budget Surplus To Shrink In 2020

    ...wards a $4.9bn surplus, although lower H2 oil prices could ultimately bring this down. Following on from 2018’s $4.1bn surplus, the 2020 budget sets the scene for a third consecutive surplus. However, even the combined surpluses over 2018-20 fall short of the deficit that Doha racked up in 2017 al...

    Volume: 62
    Issue: 51-52
    Published at Fri, 20 Dec 2019

  2. Iran: Khamenei Looks To ‘Resistance’ Budget For 2019

    ...rchases in return for being granted ‘waivers’ – MEES, 16 November), and at least some of those Mediterranean and East Asian countries that have halted buying to restart. Korea, which imported 361,000 b/d from Iran in 2017 took zero for the third straight month in November. Japan and Taiwan also took ze...

    Volume: 61
    Issue: 51-52
    Published at Fri, 21 Dec 2018

  3. Saudi Reveals Optimistic 2019 Budget But Still Expects To Load Up On Debt

    ...is option for long. While much of the borrowing will be on domestic markets, the hefty budget deficit spells another trip to the international debt markets for Saudi Arabia. Having issued $17.5bn worth of bonds in 2016, Saudi Arabia smashed this in 2017 with $21.5bn, before falling back to just $13...

    Volume: 61
    Issue: 51-52
    Published at Fri, 21 Dec 2018