💰 Financial Record

payment

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Transaction Details

Amount

USD $81,800,000,000.0

Payer (From)

Saudi Government Linked to Saudi Government

Payee (To)

Defense Sector Linked to Defense Sector

Transaction Date

January 01, 2015

Description

Budgeted defense spending (SAR307bn)

Additional Details

Date string: 2015

Amount string: 81800000000

Source document: HOUSE_OVERSIGHT_016132.jpg

📄 Source Document

HOUSE_OVERSIGHT_016132.jpg

ESTATE Collection

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Document Summary

This is page 22 of a Bank of America Merrill Lynch research report (GEMs Paper #26) dated June 30, 2016, analyzing Saudi Arabia's 'National Transformation Plan' (NTP). It includes data tables regarding fiscal consolidation measures, revenue targets, and cost savings, as well as charts on electricity and water consumption by sector. The text discusses Saudi defense spending, imports, and the financial impact of the Yemen conflict. The document bears a 'HOUSE_OVERSIGHT' stamp, indicating it was produced during a congressional investigation, likely related to financial records.

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