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Saudi 2025 Budget Sees Deficit Of 2.3% Of GDP
Saudi 2025 budget foresees $27 billion fiscal deficit as gigaproject spending continues
By Yousef Saba, Rachna Uppal and Nayera Abdallah RIYADH/DUBAI (Reuters) - Saudi Arabia approved its state budget on Tuesday for 2025 forecasting a fiscal deficit of 101 billion riyals ($26.88 billion),
Saudi 2025 budget sees $26.8b deficit
Saudi Arabia on Tuesday approved a budget for 2025 that projected a deficit of $26.8 billion as high spending continues on reforms meant to transition the economy away from oil.
Saudi 2025 Budget Sees Deficit Of 2.3% Of GDP As Spending Stays High
Saudi Arabia on Tuesday approved a budget for 2025 that projected a deficit of $26.8 billion as high spending continues on reforms meant to transition the economy away from oil.
Saudi Arabia approves FY 2025 budget with total $26.8bn deficit
Saudi Arabia's Ministry of Finance today (November 26) announced the state budget for FY 2025 with revenues projected at SAR1.18 trillion ($315.7 billion) and expenditure at SAR1.28 trillion ($340 billion). These estimates indicate a deficit of SAR101 billion ($26.8 billion), which represents about 2.3% of GDP, reported SPA.
Saudi Arabia's 2025 Budget: A Balancing Act Amid Oil Revenue Challenges
Saudi Arabia has approved its 2025 budget, anticipating a fiscal deficit as it invests in Vision 2030 projects aimed at reducing oil dependency. Total expenditure is projected at 1.285 trillion riyals,
Saudi 2025 budget sees lower deficit on spending trims
Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year despite continued heavy spending on reforms to transition the economy away from oil.
Saudi Arabia approves 2025 budget that foresees $27bln fiscal deficit
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). The budget set spending at 1.285 trillion riyals in 2025 and total revenues at 1.184 trillion riyals.
Saudi Arabia's 2025 Budget: Balancing Act
Saudi Arabia's budget for 2025 has been approved by Crown Prince Mohammed bin Salman. It involves a planned deficit of 101 billion riyals, with spending set at 1.285 trillion riyals and anticipated revenues of 1.
Saudi Arabia forecasts budget deficit of $27bn in 2025
Saudi Arabia on Tuesday approved the country’s general budget for the 2025 fiscal year, forecasting a total deficit of 101 billion Saudi riyals ($27 billion), as the kingdom continues to spend on reforms aimed at transitioning the economy away from oil.
Saudi Arabia Approves 2025 Budget with Total Deficit of $26.9 bln
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). The budget set spending at 1.
Arabian Business
12h
Saudi Arabia approves 2025 budget with estimated $315bn revenues and $342bn expenditure
Saudi Arabia has unveiled an approved budget for 2025 with forecast of $315bn revenues and $342bn expenditure Prince Mohammed ...
Business Recorder
9h
Saudi Arabia approves 2025 budget with total deficit of $26.9bn
RIYADH:
Saudi
Crown Prince Mohammed bin Salman on Tuesday approved the country’s
budget
for
2025
, state media reported, ...
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