Riyadh-Mubasher: Saudi Arabia's budget deficit is expected to range between SAR 369-419 billion, Al-Istithmar Capital said in a report.
The kingdom's revenues increased from $3.2 million in 1938 to SAR 280 billion last year.
The Saudi government is able to over oil price crisis and budget deficit, the research firm said.
Al-Istithmar Capital noted that the kingdom overcame the local currency collapse in the 1950s and managed to maintain its exchange rate against the dollar for two centuries.
