Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Connected Government
- Consolidating Mission-critical Systems
- Constituent Servicing
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Eliminating the Pitfalls: Steps to Virtualization in Government
- Federal Executive Forum
- Federal Tech Talk
- Government Cloud Brokerage: Who, What, When, Where, Why?
- Government Mobility
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Mobile Device Management
- The Modern Federal Threat Landscape
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- Satellite Communications: Acquiring SATCOM in Tight Times
- Transformative Technology: Desktop Virtualization in Government
- Understanding the Intersection of Customer Service and Security in the Cloud
Shows & Panels
Saudi 2013 budget sees revenues over $220 billion
Saturday - 12/29/2012, 10:48am EST
RIYADH, Saudi Arabia (AP) - Saudi Arabia's official news agency says King Abdullah's cabinet has approved the kingdom's largest ever annual budget, projecting revenues of 829 billion rials, or $221 billion, for 2013 and 820 billion rials, or $219 billion of expenditure.
The budget foresees a $2.4 billion surplus.
The Cabinet meeting Saturday reported that revenues in 2012 amounted to $330 billion with $227 billion expenditure, leaving a $103 billion surplus. That surplus was due to the government's calculating oil prices at $70 per barrel, while the actual price stood at around $100 per barrel.
The 2013 allocation for education has risen by 21 percent to $54.3 billion. The budget includes $26.6 billion for health and social affairs services and $9 billion for municipality services.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)