Saudi Arabia's budget surplus expected to hit USD69b in 2013


(MENAFN) A report by the International Monetary Fund (IMF) shows that the budget surplus in Saudi Arabia is expected to hit USD69.2 billion this year, Arab News reported. The report said that the Kingdom's total revenue are estimated to reach USD335 billion, while total spending will hit USD266 million. Saudi Arabia will maintain the budget surplus trend until 2017, the report predicts, with an estimated total of USD224.5 billion in surplus during the 2014-2017 period.


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