Telegraph.co.uk | Saudi Arabia unveils record deficit as it succumbs to oil price rout Telegraph.co.uk The country's deficit rose to 367bn riyals (£66bn), after government spending rose 13pc above officials' plans in the wake of declining oil prices and a war with Yemen. A Saudi official said that the deficit was “considered an acceptable figure” under ... RUSSIA: Saudi Arabia destabilized the oil market Saudi Arabia posts record budget deficit because of low oil prices Saudi Arabia Projects $87B Deficit Amid Low Oil Prices |