Saudi Arabia provides deficit of nearly nine billion dollars – Daily News – Lisbon

Saudi Arabia provides deficit of nearly nine billion dollars – Daily News – Lisbon

Saudi Arabia provides for next year a deficit of nearly 33 000
 riales million (nearly nine billion dollars), according to the
 accounts approved today by the Saudi Ministry of Economy, widespread
 the state agency SPA.

In a continuing fall context
 prices, with Brent at $ 61 per barrel, the Gulf country that has advanced
  in 2015 will be about 715 billion riales (190,500 million
 dollars) in revenues and nearly 860,000 million Realism (about 229,000
  million) in expenses.
             

Last year, the Saudi kingdom
  announced for 2014 a “balanced” budget with revenues of about
 885,000 million riales (228 billion dollars) and an amount of
 similar costs.
             

8,715 million deficit expected for the
 next year contrast with the surplus of 55 billion dollars
 registered in 2013, mainly due to revenue from the
 sale of oil.
             

Then, with a barrel of Brent to about 110
 dollars, state revenues stood at 301 600 million
 dollars, and the expenses 246 600 million.