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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    SAUDI ARABIA: The decline in foreign remittances

    Rocky
    Rocky
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    SAUDI ARABIA: The decline in foreign remittances Empty SAUDI ARABIA: The decline in foreign remittances

    Post by Rocky Tue 30 Aug 2016 - 8:43

    SAUDI ARABIA: The decline in foreign remittances





    2016/08/30 | 13:41


    (Encyclopedia of the day for news | News Iraq ) -

    Announced that the Saudi Arabian Monetary Agency (SAMA) decline in foreign remittances during the month of July last by 19 percent to 10.3 billion riyals (2.74 billion dollars), the lowest level in 41 months (since February 2013). She said the organization, that acts as a central bank, said in a statement that the foreign remittances in the 7 months of 2016 fell by 5 percent to 89.8 billion riyals (23.933 billion dollars) compared to B94 billion and 321 million riyals (25.152 billion dollars) in the corresponding period last year. and increased foreign remittances in Saudi Arabia to a record level over the past year to 42 billion US dollars, up 2.3 percent from 2014, according to Arabian Monetary Agency Alsaudih.oovq General Authority of Statistics Arabia numbers, in the middle of this month, it reached the foreign labor force in Saudi Arabia ( 15 years and older), nearly 7 million individual, make up 54.3 percent of the total labor force in Almmlkh.oaota decline in remittances, to coincide with the affected Arabia from falling crude oil prices by 60 percent for the highest mid-2014 price of $ 120 an investigator, to below $ 50 at the moment, causing it to suspend projects and tear institutions and cancel Okhry.otani Arabia, the largest oil exporter in the world at the moment of the sharp decline in financial revenue, and announced that the budget includes a deficit of 87 billion US dollars for the current year, after registration actually a deficit of 98 billion dollars in Almadi.mn second hand dropped Saudis transfers to the outside at the end of last July by 58 percent to 3.4 billion riyals, marking the lowest level since January 2007.oouselt Saudis' remittances during the first seven months of this year to 36.6 billion riyals, down 27 percent compared to the same period of 2015.




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