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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 .. $ 80 billion projected budget deficit through 2016

    Rocky
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    Saudi Arabia .. $ 80 billion projected budget deficit through 2016 Empty Saudi Arabia .. $ 80 billion projected budget deficit through 2016

    Post by Rocky Sun 19 Jun 2016, 7:34 am

    [size=30]Saudi Arabia .. $ 80 billion projected budget deficit through 2016[/size]
    19/06/2016 01:18 | Number of readings: 1
    font size: Saudi Arabia .. $ 80 billion projected budget deficit through 2016 Font_decrease Saudi Arabia .. $ 80 billion projected budget deficit through 2016 Font_enlarge
    Saudi Arabia .. $ 80 billion projected budget deficit through 2016 Thumbnail.php?file=alalam_636017791987011574_25f_4x3_919888890
    Direction Press / follow-up  
    An official Saudi report particularly in so-called program of national transformation in 2020 that the program is a new period in which to adopt a comprehensive policy for the reform of the Saudi economy, and contribute to adjust the budget deficit suffered by the biggest oil exporter in OPEC!
    According to the report on the feasibility of an investment firm, the company revised its forecast for the deficit of the Saudi budget for the years 2016 and 2017 to be 283 billion riyals (about $ 77 billion, or the equivalent of 12 percent of GDP) and 210 billion rials (about $ 57 billion, or equivalent to 8 percent of GDP), respectively.
    She said that the rise in crude revenues as a result of the expectation of higher oil prices will lead to deficit reduction, and is expected to be achieved spending restraint in the budget at a faster pace, the notoriously contribute to improving the level of the deficit over the next few years, noting that the national transformation program aimed at developing a balanced budget by 2020.
    The deficit rose in Saudi Arabia last year's budget to nearly $ 90 billion (335 billion riyals) because of the Saudi aggression against Yemen, spending on terrorist groups in Iraq, Syria and Libya.
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    http://aletejahtv.org/index.php/permalink/115976.html

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