Highlights of the Saudi budget for 2003

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Publication Date: 
Thu, 2002-11-28 03:00

Projected revenue SR170 billion

Deficit estimated at SR39 billion

SR7 billion rise in expenditure

GDP to grow by 2.3% to SR695 billion

SR57.5 billion allocated for education

SR23.23 billion for health and social care

SR7.52 billion for municipal projects

SR6.53 billion for transport and communication

SR13.85 billion for water, industrial, agricultural and other projects

Private sector to grow by 4.2 percent

Non-oil sector grows by 5.7 percent

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