VOL. XXXII

NO. 4

30-OCTOBER-1989

Financial and Banking News

Budgets and Revenues

Saudi Arabia Denies Payment Delays, Again

Saudi Arabia's Minister of Finance and National Economy, Mr. Muhammad Aba al-Khail,last week denied that the Kingdom is delaying any contract payments and invitedanyone with contractual claims against the government to step forward andidentify themselves. In an interview with the official Saudi Press Agency, Mr.Aba al-Khail referred to rumors of payment delays, and said that...