Saudi 2025 budget foresees $27 billion fiscal deficit

Saudi 2025 budget foresees $27 billion fiscal deficit as gigaproject spending continues
Saudi Arabia approved its state budget on Tuesday for 2025 forecasting a fiscal deficit of 101 billion riyals ($26.88 billion), as its finance minister said the kingdom will continue to spend on massive gigaprojects designed to wean the economy off oil.
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 as officials recalibrate a reform drive meant to transition the economy away from oil.
Saudi Arabia approves 2025 state budget, forecasts $27bn deficit
Saudi Arabia has approved its state budget for 2025, which forecasts a fiscal deficit of SAR101bn ($27bn) or 2.3 per cent of GDP next year, as the kingdom continues to spend on massive projects under Vision 2030,
Saudi Arabia forecasts 2025 fiscal deficit of $27bn
Approval of 2025 state budget Deficit represents 2.3% of GDP GDP growth of 4.6% forecast Saudi Arabia has approved its 2025 state budget, estimating total revenues at SAR1.18 trillion ($314 billion) and expenditures at SAR1.
Saudi Arabia Projects $26.88 Billion Deficit in 2025 Budget Linked to Vision 2030
Saudi Arabia approved its 2025 budget on Tuesday, projecting a deficit of 101 billion riyals ($26.88 billion), or 2.3% of its GDP. Finance Minister Mohammed Al Jadaan reaffirmed the kingdom’s commitment to Vision 2030, an ambitious plan to reduce its dependence on 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 Finance Minister: 2025 Budget Aims to Continue Expanding Strategic Spending
Saudi Finance Minister Mohammed Al-Jadaan outlined the objectives of the 2025 budget, emphasizing a continued focus on strategic spending for developmental projects aligned with sectoral strategies and Vision 2030 programs.
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 2025 budget foresees $27bln fiscal deficit as gigaproject spending continues
RIYADH/DUBAI: Saudi Arabia approved its state budget on Tuesday for 2025 forecasting a fiscal deficit of 101 billion riyals ($26.88 billion), as its finance minister said the kingdom will continue to spend on massive gigaprojects designed to wean the economy off 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.
Saudi Crown Prince Approves 2025 Budget
Saudi Arabia’s Crown Prince Mohammed bin Salman has approved the Kingdom’s budget for 2025, marking another significant step toward the nation’s economic transformation. The total revenue for the year is set at 1.
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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 ...
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Saudi Arabia Cuts Spending to Reform Economy Amid Lower Oil
Saudi Arabia outlined plans to trim spending in 2025 after overshooting ... The government is forecasting a budget ...