Saudi Arabia's Q1 budget deficit at about $9 bln
- Country:
- Saudi Arabia
Saudi Arabia's budget deficit in the first quarter of 2020 stood at 34.107 billion Saudi riyals ($9.07 billion), the finance ministry said on Wednesday.
Total revenues in the first quarter reached 192.072 billion riyals, down 22% from the same period last year, the ministry said in a statement on its website. ($1 = 3.7590 riyals) (Reporting By Marwa Rashad and Ahmed Tolba, Writing By Maha El Dahan; Editing by Himani Sarkar)
ALSO READ
-
US Approves Potential Sale of F-35 Jets to Saudi Arabia, Shifting Middle Eastern Power Dynamics
-
Middle East Tensions Threaten Global Oil Supplies
-
Middle East Unrest: Yemen Crisis Fuels Oil Supply Fears
-
US Eyes Controversial F-35 Deal to Bolster Saudi Defense
-
Sky High Deal: US Approves F-35 Sale to Saudi Arabia
Google News