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  • 09-08-18

    Saudi Finance Ministry: revenues jump 67 percent in Q2

    (MENAFN) The Saudi Finance Ministry has seen a 67 percent jump in its revenues during the second quarter of this year, standing at USD72.9 billion.

    In its report, the Saudi ministry also unveiled non-oil revenues to have surged 42 percent year-on-year, reaching USD23.8 billion.

    The ministry confirmed oil revenues to have also recorded an 82 percent year-on-year boost, reaching USD49.1 billion.

    It added that expenditures have registered a 34 percent rise, hitting USD74.9 billion, with the deficit rate witnessing a decline to USD1.96 billion.

    MENAFN0908201800450000ID1097271929

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