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Saudi Budget
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Budget
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
Ministry of Finance - Saudi Arabia
Saudi Arabia announces pre-budget with $316bn revenues and $343bn spending next year
Saudi Ministry of Finance releases pre-budget statement with an estimated deficit of 2.3% of GDP in 2025
Saudi Arabia
Saudi budget 2024: $312.5bn income and $334bn spend
Saudi Arabia reviews budget plan for next financial year
crude oil
Saudi Arabia reports $15.3 billion in budget surplus during first quarter of 2022 as oil income surges
Saudi Arabia’s total government revenue rose to $74 billion in the first three months of 2022, while capital expenditures dipped 1 percent with the kingdom relying on its sovereign wealth fund for domestic investments and projects
budget surplus
Saudi Arabia won’t go on spending spree if oil income rises
Main budget forecast sees a surplus of $24bn, the first in eight years
budget surplus
Saudi Arabia sees 2022 budget surplus, first in eight years
Revenue next year is set to reach more than SAR1 trillion, up from SAR903bn in a forecast published in September, according to a Finance Ministry statement
budget surplus
Saudi budget sees first quarterly surplus since 2019 on high oil
Gulf nation’s surplus during the third quarter was about $1.8bn, trimming the year-to-date deficit to $1.4bn
diversify economy
Video: IMF’s Azour on Saudi Arabia Vision 2030 targets, economy, growth for 2019, OPEC+
Jihad Azour, Middle East and central Asia director at the International Monetary Fund, discusses Saudi Arabia’s Vision 2030 targets, diversifying the Saudi economy outside of oil, the budget, Saudi growth for 2019, the OPEC+ agreement and Lebanon’s economy.
bonds
Saudi Arabia may sell euro bonds after testing market
According to sources cited by Bloomberg, the government has hired Goldman Sachs and Societe General to meet potential investors in a non-deal roadshow
budget deficit
Saudi Arabia to balance budget by 2023 – S&P ratings agency
S&P Global Ratings has re-affirmed Sauri Arabia’s A-/A-2 rating
Crown Prince Mohammed bin Salman
Saudi Arabia to release findings of expat levy study in January
The fees were introduced in 2017 as part of a drive to increase non-oil government revenue
low oil price
Saudi Arabia’s 2019 budget predictions optimistic, say analysts
Economic experts say Gulf kingdom is projecting record spending based on generous oil revenues despite drop in prices
High oil prices
Saudi budget’s 2019 oil price estimate seen as ‘wishful thinking’
Some analysts say Saudi Arabia’s 2019 revenue forecast is surprising because they estimate it to be based on a relatively high price of oil
defence
Saudi Arabia to slash defence spending
Military spending will go down by 12 percent to $51 billion
IMF
Saudi King extends handout payments to citizens
State-run TV said that civilian and military employees will again earn SAR 1,000 a month, while student allowances will rise 10 percent
budget deficit
Energy subsidies, expat levy loom over Saudi budget
Saudi Arabia’s budget is out later on Tuesday