15.03.2012 - Strong oil prices could propel Saudi balance sheet to a record surplus in 2012
High crude oil prices and a robust output could combine to help Saudi Arabia to post its biggest budget surplus in 2012, a recent report by Kuwait based Global Investment House (GIH) suggests. "While we agree that Saudi Arabia will see a budget surplus in 2012, we expect the actual surplus to be substantially higher than the projections”, the report says...............................................Full Article: Source
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