Saudi Arabia reported a fiscal deficit of 58.701 billion riyals ($15.65 billion) in the first quarter of 2025, as its oil revenues fell 18% on the year to 149.810 billion riyals, its finance ministry said on Monday.
The world’s top oil exporter and de-facto OPEC leader recorded total revenues of 263.616 billion riyals in the same quarter, while its public spending reached 322.317 billion riyals.
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