Summary and Conclusion

Abdulaziz M. Aldukheil

A chapter in Saudi Government Revenues and Expenditures, 2013, pp 203-206 from Palgrave Macmillan

Abstract: Abstract Saudi society has been dependent on government revenues since 1950, when oil revenue became the major source of government income. The five-year development plans, which began in 1970, were unable to decrease the level of government dependence on oil revenue. In 2012, 93 percent of government revenues came from that oil revenue.

Keywords: Gross Domestic Product; Financial Crisis; Saudi Arabia; Government Expenditure; Government Revenue (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34292-8_9

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DOI: 10.1057/9781137342928_9

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