This paper examines the relationship between government spending and non-oil GDP in the case of Saudi Arabia. Using time-series methods and data for 1969-2005, we find that increases in government spending have a positive and...
RIYADH, Aug. 8 (Xinhua) -- The Saudi Finance Ministry announced on Wednesday that its revenues reached 72.9 billion U.S. dollars in the second quarter of 2018, surging 67 percent from a year ago. The non-oil revenues in the same period hit 23.8 billion dollars, up 42 percent year on ...
and has been successfully issuing bonds,tapping debt markets for $12 billion so far this year. Oil revenue should increase in 2025 when the OPEC+ production cuts, the majority of which were taken by Saudi Arabia, expire, according to energy analysts. ...
Saudi Arabia – Fiscal Sustainability in Focus The COVID-19 numbers have ticked upward in May, but the daily figures for both cases and deaths remain far below the peak levels reached early in the year and appear to have stabilized. With the health threat seemingly under control and a nation...
Oracle Corporation (NYSE: ORCL) today announced fiscal 2025 Q1 results. Total quarterly revenues were up 7% year-over-year in USD, and up 8% in constant currency to $13.3 billion.
Afiscal agentis a bank engaged in the business of collecting and disbursing money. Such a bank also serves as a place for the deposit of private and public funds on behalf of others. Afiscal yearis a period of twelve months that does not necessarily correspond with the traditional calendar...
The fiscal policy of Saudi Arabia is set by the government. The Ministry of Finance manages the fiscal policy, economic growth, and budgeting...Become a member and unlock all Study Answers Try it risk-free for 30 days Try it risk-free Ask a question Our experts can answer your to...
company's financial situation and operations and explore options to provide a better return for creditors. The VA process is expected to conclude in the fourth quarter of calendar year 2024." "As we look to the remainder of fiscal 2025, we are laser focused on the continued growth and ...
ISLAMABAD, June 28 (Xinhua) -- Pakistan's National Assembly or the lower house of the parliament on late Friday evening approved the budget for the upcoming fiscal year starting on July 1, Special Assistant to Pakistani PM on Information and Broadcasting Firdous Ashiq Awan said. ...
1-year forecasts, required in the offered procedure, are more reliable and accurate than, for example, 10-year forecasts that accompany the earlier mentioned proposals to handle the national debt. Any mistakes in yearly forecasts corresponding to the chosen policy can be taken into account in the...