FINANCIAL NEWS

Saudi budget surplus to exceed USD6b in 2013

15 Dec 2013

(MENAFN) The budget surplus in Saudi Arabia is expected to go over USD60 billion this year, Arab News reported.

The government will stick to its massive spending policy to push the economic growth and provide more jobs

An economist said: “I believe that the government would continue its policy of increased spending to carry out mega projects. This will not only strengthen the private sector but also create more jobs for Saudis.”

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