RIYADH (AFX-ASIA) – Saudi Arabia projected a 2003 budget deficit of 39 billion riyals (US$10.4 billion) compared with a deficit of 8.2 billion riyals this year, news agency SPA reported following a cabinet meeting chaired by King Fahd. Revenues are seen at 170 billion riyals and expenditure at 209 billion riyals, Information Minister Fuad al-Faresi…
SAUDI ARABIA: Forecast 2003 budget deficit 39 billion riyals vs 8.2 billion in 2002
Posted on December 11, 2002 by EnergyAsia