Saudi Arabia's 2019 budget allocates SAR 33B to energy, industry, mining, logistics

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Wed, 19 Dec 2018 - 09:19 GMT

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Wed, 19 Dec 2018 - 09:19 GMT

Saudi Oil Minister, Khalid al-Falih, arrives to the Future Investment Initiative conference in Riyadh, Saudi Arabia October 24, 2017. REUTERS/Faisal Al Nasser

Saudi Oil Minister, Khalid al-Falih, arrives to the Future Investment Initiative conference in Riyadh, Saudi Arabia October 24, 2017. REUTERS/Faisal Al Nasser

DUBAI - 19 December 2018: Saudi Arabia’s 2019 budget allocates 33 billion riyals ($8.8 billion) for the energy, industry, mining and logistics sectors, oil minister Khalid al-Falih said in a tweet on Wednesday.

That is more than three times the amount allocated in the previous budget, he said.

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