Plenty of evidence points to the phenomenon enjoying exceptional times, as evidenced by posted surpluses notably with regards to budgetary and trade accounts.
Fortunately, the authorities have opted to use part of the budgetary surpluses towards the balance of payments in order to alleviate the debt problem.
Performance of fiscal year 2011 tells a great story about the magnitude of the Saudi economy on the one hand and the sheer size of the budgetary surplus. Actual revenues more than doubled from $144 billion (Dh528 billion) to $296 billion, in turn allowing for an increase in spending from $155 billion to $214 billion.
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