Saudi Arabia passes record $221b budget for 2013: state TV

[A.Rafay]

RIYADH - Saudi Arabia's council of ministers on Saturday agreed a record budget for 2013 with revenues expected to hit $221 billion (167 billion euros), state television Al-Ekhbariyah said. Revenues in the oil-rich Gulf state are projected to reach 829 billion riyals ($221.06 billion), while expenditure is planned at 820 billion riyals ($218.7 billion), the news channel reported. "The council of ministers has passed the largest budget in the history of the kingdom," it added.

Saudi Arabia passes record $221b budget for 2013: state TV | Pakistan Today | Latest news | Breaking news | Pakistan News | World news | Business | Sport and Multimedia

 

[Arabian Legend]

Al7amddullah.
هذا من فضل ربي.

lol at the last part of your signature......

 

[Ceylal]

RIYADH - Saudi Arabia's council of ministers on Saturday agreed a record budget for 2013 with revenues expected to hit $221 billion (167 billion euros), state television Al-Ekhbariyah said. Revenues in the oil-rich Gulf state are projected to reach 829 billion riyals ($221.06 billion), while expenditure is planned at 820 billion riyals ($218.7 billion), the news channel reported. "The council of ministers has passed the largest budget in the history of the kingdom," it added.

Saudi Arabia passes record $221b budget for 2013: state TV | Pakistan Today | Latest news | Breaking news | Pakistan News | World news | Business | Sport and Multimedia

The threat of rebellion that is fostering in the gulf state is the main reason of the colossal budget, to quiet things a home and buy loyalties.

 

[AUz]

Hope The Kingdom develops the infrastructure of Makkah, Medina , and other holy sites even better.

These cities cater to the largest global human gathering on this planet every year. Saudis do a wonderful job in maintaining, expanding these sites..

One good use of oil money...

 

[IndoUS]

Hope The Kingdom develops the infrastructure of Makkah, Medina , and other holy sites even better.

These cities cater to the largest global human gathering on this planet every year. Saudis do a wonderful job in maintaining, expanding these sites..

One good use of oil money...

I like the development but I don't like the big towers around the holy places they just don't looks nice. If it is a city it is fine, but near a holy place like next to the Mosque looks weird. Other than that the Saudi's have a really awesome infrastructure.

 

[Don Jaguar]

lol at the last part of your signature......

That's what both former indian supreme court judge and Pakistanis agree on.

90% of Indians are 'idiots', Markandey Katju says - Times Of India

 

[Banu Umayyah]

Congratulations Lebanon and Morocco!
I hope something is left for Saudis..

 

[Jamaal Yelmaaz]

what a coincidence !..KSA and Turkey 2013 budget about the same..

Turkey 2013 bugdet 405 billion TL =225 billions $

1-23% officers expenses-payments
2-17% Eduation
3-16% Health
4-10.5% Defence
5-9.7% inv. to infrastructures

 

[Jamaal Yelmaaz]

what a coincidence !..KSA and Turkey 2013 budget about the same..

Turkey 2013 bugdet 405 billion TL =225 billions $

1-23% officers expenses-payments
2-17% Eduation
3-16% Health
4-10.5% Defence
5-9.7% inv. to infrastructures

 

[Sinnerman108]

Congratulations Lebanon and Morocco!
I hope something is left for Saudis..

I thought the list was

Lebanon
Jordan / Palestine.
Syria.

Wow, the king is realy smart! as long as the Saoudi's pecker is happy, the kingdom will be heaven on earth....

Why so angry man ?

their pecker their money.
everyone likes their pecker to be happy in provided funds.

 

[Hammer-fist]

Well done to Saudi Arabia.

We Bangladeshis wish our brothers in the land of the two holy cities well.

 

[Ceylal]

Well done to Saudi Arabia.

We Bangladeshis wish our brothers in the land of the two holy cities well.

And me too, as long as they spend their money in the mizwagui business.

 

[Hammer-fist]

And me too, as long as they spend their money in the mizwagui business.

Habeebi...'aish 'indak? Shoo saar ma'ak?

Bi nisabatil Bangladeshiyeen, As-Saudiyoon ikhwatina.....la taghdub ya akh al jaz'airee al muhtarim.

 

[xuxu1457]

China 2012 bugdet：12.43trillion RMB， 1.97trillion$

central government budget：6.4trillion RMB, 1.016trillion$ (in which 4.5trillion RMB will back to local government)
local government budget:10.5trillion RMB, 1.67trillion $(in which 4.5trillion RMB come from centrol government and used according to the central government's planning)


central government budget：
106billion$ Defence : 10.1% of central budget

 

[Alshawi1234]

The KSA should start investing in industries to manufacture equipment locally. I'm really surprised that the KSA has not invested in the automobile industry. With the opportunities they have; they could work on locally manufacturing heavy equipment and even military equipment. really sad most of the money is being wasted towards consumable goods which earn no returns. (

Iran has less money and much less opportunities since its under heavy sanctions yet they still produce their own military equipment. Even Iraq assembles trucks and vehicles locally.