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Saudi Arabia has a "very comfortable" level of foreign reserves, the central bank chairman said Monday, in spite of a drawdown in assets to help cover a fall in oil revenue.Its annual report said oil revenues fell 51 percent last year to $119 billion, or 72.5 percent of revenues, against 87.5 percent in 2014 .Non-oil proceeds rose to $45.2 billion, or 27.5 percent, up from 12.5 percent the previous year.Alkholifey said the Saudi economy grew by 3.5 percent in the first half of this year.
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