Five Year Plan gets off to a very extravagant start

Issue 25 - 03 Jun 1980
The Saudi state budget for the fiscal year 1400/1401 beginning on 15 May 1980 was endorsed by a special session of the Council of Ministers on 14 May. Planned expenditure is put at 245 billion riyals, and both the size and sectoral breakdown seem to contradict some of the guidelines to the five year plan announcement earlier in May.

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