Thursday 29, November 2012 by

Saudi Arabia expects double-digit budget surplus

The recent pick-up in oil prices should leave the Saudi government with double-digit budget surplus over the 2012-2013 despite marked gains in expenditure, Simon Williams, Chief Economist for HSBC Middle East, said recently at the SABB-hosted "Annual Economist Roadshow" held at the Four Seasons Hotel in Riyadh

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