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Question 10 (7 marks); This section is about the government budget of Saudi Arabia. Table 4 shows data related to the fiscal behavior of Saudi

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Question 10 (7 marks); This section is about the government budget of Saudi Arabia. Table 4 shows data related to the fiscal behavior of Saudi Arabia. The table spending of the Saudi government. Table 4: Fiscal data (government spending and tax revenues) for Saudi Arabia from 2018 to 2019 Values in billions of SAR 2018 2019 2020 A. Revenues: 783.34 975.28 833.07 Oil Revenues 492.00 661.88 513.00 Other Revenues 291.34 313.41 320.07 B. Expenditures: 978.00 1,106.00 1,020.00 Public Administration 26.20 27.54 28.02 Military 210.00 190.98 181.92 Security and Regional Administration 100.76 102.83 102.35 Municipality Service 53.41 62.24 53.56 Education 192.36 192.62 193.17 Health & Social Development 146.55 172.04 166.98 Economic Resources 105.31 131.34 97.65 Infrastructure and Transport 54.17 70.24 55.71 Public Programme Unit 89.24 156.17 140.65 Deficit/Surplus ( T-G) -194.66 -130.72 -186.94 A. Comment on the government balance ( T - G) of the SAUDI ARABIA go

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