Saudis Start Year With Budget Surplus for First Time Since 2014 - Bloomberg:
Saudi Arabia started the year with a quarterly budget surplus for the first time since the 2014 collapse in oil prices.
The biggest Arab economy posted a surplus of 27.8 billion riyals ($7.4 billion) in the first quarter, helped by an increase in non-oil revenue as well as income from crude exports, Finance Minister Mohammed Al-Jadaan told an audience of Saudi and international bankers gathered in Riyadh on Wednesday.
No comments:
Post a Comment