government as well as capital expenditures that will boost economic activities and enhance economic growth prospect. The following are the main highlights of the 2009 budget: 1- Total revenues for fiscal year 2009 are projected at SR 410 (US $109.3) billions. 2- Government expenditures for fiscal year 2009 are budgeted at SR 475 (US $126.7) billions. 3- Fiscal deficit for 2009 is projected at SR 65 (US$17.3) billions. 4- Total new capital budget (new projects and increased appropriations for existing projects) amounted to more than SR 225 (US $60) billions, an increase of 36 percent over last year's appropriation. --More
