VOL. XXXVI
NO. 17
25-JANUARY-1993
Financial and Banking News
BUDGETS AND REVENUES
Saudi Wheat and Barley Subsidies Will Exceed $1.6bn in 1993, Paper Says
State subsidies to Saudi Arabia's wheat and barley farmers will cost morethan SR6bn ($1.6bn) in 1993, according to a report in the Saudi daily Okaz on17 January. The newspaper said that farmers would be offered two Saudi riyalsper kilo of wheat and one riyal per kilo of barley. This would price thecommodities at twice prevailing world levels. The...
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