Friday 30, December 2011 by Robin Amlôt

Saudi Budget 2012 expansionary but still conservative

Saudi Arabia’s 2012 budget projects revenues of SAR 702 billion ($187.2 billion) and expenditure of SAR 690 billion ($184 billion), with a small surplus of SAR 12 billion ($3.2 billion), lower than the actual 2011 figures. The fiscal policy stance remains expansionary in both nominal and real terms.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more