Balance of Payments

The Saudi Ministry of Tourism recently announced that the Kingdom made a significant profit in the balance of payments on travel in the first quarter of 2023, gaining SR22.8 billion ($6.08 billion) compared with a deficit of SR1.6 billion…
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Travel spending in Qatar surged 28 percent year-on-year to 13.1 billion Qatari riyals ($3.59 billion) in the first quarter of 2023, driven by a boom in social, cultural and other activities. According to the balance of payments data…
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