Saudi Arabia Government Spending Was $718 Billion In Past Five Years Eurasia Review

Saudi Arabia Government Spending Was $718 Billion In Past Five Years Eurasia Review:

"Total volume of government spending in Saudi Arabia amounted to $718 billion during the last five years while investments during the same period reached $141 billion, a senior Saudi official told a major forum in Los Angeles.

“The size of the Saudi economy has quadrupled during the last 10 years to rank first among countries of the region and 19th at the global level,” said Abdullatif Al-Othman, governor of Saudi Arabian General Investment Authority (SAGIA).

Addressing the US-Saudi Business Opportunities Forum, he emphasized the growing economic and trade relations between the two countries."

'via Blog this'