Financial Results
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Revenues boost Saudi Arabia’s Q1 budget, expenditure up 8%
Saudi Arabia posted a surplus of SAR27.8bn ($7.41bn) in the first quarter of this year, its first since 2014 and boosted by both oil and non-oil revenues. The world’s top oil exporter was hit hard by a slump in oil prices in 2014, leading to a budget deficit of SAR367bn,…
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