Saudi Arabia sets three difference scenarios for budgets in 2017, 2018, 2019, 2020 with projections of revenue, spending, deficit and surplus.


Base scenario
Sees 198bn riyals deficit in 2017, 39bn deficit in 2018, 20bn surplus in 2019, 119bn surplus in 2020, 890bn in spending in 2017, 928bn spending in 2018, 950bn spending in 2019, 953bn spending in 2020.
Sees 692bn revenue in 2017, 889bn revenue in 2018, 969bn revenue in 2019, 1,072bn revenue in 2020.  Oil price seen at $55 for a barrel in 2017, $61 in 2018, $65 in 2019, $66 in 2020: Arabiya TV


Conservative scenario
Expects 236bn deficit in 2017, 124bn deficit in 2018, 81bn deficit in 2019, 40bn surplus in 2020.
Sees 890bn spending in 2017, 928bn spending in 2018, 950bn spending in 2019, 953bn spending in 2020.
654bn revenue in 2017, 804bn revenue in 2018, 869b revenue in 2019, 993b revenue in 2020.


Very conservative scenario
Sees 336bn deficit in 2017, 248bn deficit in 2018, 199bn deficit in 2019, 99bn deficit in 2020; 890bn spending in 2017, 928bn spending in 2018, 950bn spending in 2019, 953bn spending in 2020. 554bn revenue in 2017, 680bn revenue in 2018, 751bn revenue in 2019, 854bn revenue in 2020.
Deputy Economy Minister Mohammad al-Tuwaijri says, “The very conservative scenario assumes a very small amount of the initiatives will be applied, oil prices will be very low, we won’t balance the budget in 2020.”

Fakhrieh-Kashan, adding that the contract for 20 planes was worth less than $500mn.


Iran has said it had negotiated to pay only about half the announced price for 80 new Boeing airliners in an order that the American plane maker had said was worth $16.6bn.