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Saudi deficit this year is "manageable" says foreign minister
October 31, 2015 / 9:22 AM / 2 years ago

Saudi deficit this year is "manageable" says foreign minister

MANAMA, Oct 31 (Reuters) - Saudi Arabia’s financial deficit this year is manageable despite the low oil prices, and the kingdom’s economic growth rate and financial health will stay strong, Foreign Minister Adel al-Jubeir said at a security conference in Bahrain on Saturday.

“The deficits that the kingdom will be running this year are manageable,” he told reporters. (Reporting By Yara Bayoumy; Writing by Angus McDowall)

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