Following the fluctuation price of oil in finance general budget in saudi Arabia the period ( 2003-2014 )

	Following the fluctuation price of oil in finance general budget in saudi Arabia the period ( 2003-2014 )
magazine of college Administration&Economics for economic &administration & financial studies
Article 1, Volume 413, Issue 25, 2017, Pages 1-25
Abstract
The impact of fluctuations in oil prices in the financing of the general budget for the period (2003-2014) and the extent of the link between them, as the Saudi economy, the budget is closely linked to prices of global crude oil, which confirms the existence of a direct correlation between where increasing public budget increased prices and reduced the signal decreases in order to adopt the budget of the country heavily on unilaterally source (oil) to get a large portion of overall revenues have reached a researcher to several conclusions, including that oil revenues are the foundation of the specified public expenditure, which was characterized by imbalances as a result of the focus on the running costs of more than investment expenditure, this reflects the consumer nature of both countries and that oil exports occupied the largest proportion of total exports Alsaudih. ovi light of these results has been reached for a number of recommendations, including the need to diversify sources of revenue (non-oil) and then by raising tax awareness among citizens, raising the efficiency of tax systems in the sample country as recommended by the researcher, the need providing appropriate investment environment to activate the role of investment expenditure in all areas of production, leading to the diversification of the productive base.

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