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Saudi Arabia approves 2025 budget with total deficit of $26.9bn

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By Reuters
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RIYADH: Saudi Crown Prince Mohammed bin Salman on Tuesday approved the country’s budget for 2025, state media reported, with a planned deficit of 101 billion riyals ($26.88 billion).

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The budget set spending at 1.285 trillion riyals in 2025 and total revenues at 1.184 trillion riyals.

Saudi Arabia MENA Saudi Arabia GDP Saudi Arabia Economy Saudi Arabia budget

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Earth Dec 01, 2024 01:50am
The 2025 Budget Statement highlights the numbers of the budget in terms of revenues and expenditures, while also addressing the most important achievements by sector in 2024, their targets in 2025,
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Earth Dec 01, 2024 01:52am
This narrative confirms the Government will continue funding the implementation of programs and economic projects of Saudi Vision 2030, while maintaining spending efficiency and fiscal sustainability.
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Earth Dec 01, 2024 01:53am
the global economy is witnessing improvement despite the continuing escalating geopolitical conflicts that could create new challenges in the near term.
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