Saudi Arabia’s 2026 pre-budget projects $350bn spending and $305bn revenues, with 4.6% GDP growth forecast and a 3.3% deficit
Saudi budget gap
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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
crude oil price
Saudi budget deficit narrows in Q2, boosted by oil prices, tax revenue
World’s largest crude exporter sees oil revenue rise 38% in the period from April to June compared to the same period last year
budget deficit
Saudi Arabia’s budget deficit widens to $8.9bn in Q2
Oil revenue in Saudi Arabia dropped 5% year-on-year in the second quarter of 2019 while non-oil revenue declined 4%
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 starts year with budget surplus for first time since 2014
Biggest Arab economy posts a surplus of $7.4bn in Q1, helped by an increase in non-oil revenue as well as income from crude exports
budget deficit
Saudi Arabia to issue $31.5bn in debt this year to help finance budget deficit
Saudi Arabia’s outstanding government debt stood at approximately $150 billion at the end of 2018
budget deficit
Saudi stocks set to rally this year with multi-billion dollar inflow
With Brent crude down about 30 percent from a four-year high in October, most analysts expect the Saudi budget deficit to overshoot
budget deficit
Video: Saudi Arabia’s finance minister Mohammed al-Jadaan on debt, bond issuance
Saudi Arabia intends to issue around 120 billion riyals ($32 billion) of bonds next year to help finance its deficit, with plans to tap international markets in the first half.
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
budget deficit
Saudi Arabia aims for $32bn in bond sales
Saudi Arabia is considering bond sales in dollars and other currencies
budget deficit
Saudi budget deficit shrinks as revenues surge
Saudi budget shortfall in the first three quarters of 2018 was $13.1bn, a 60% drop from the same period last year
Amin Nasser
Saudi Arabia plans to eliminate budget deficit by 2023
The kingdom has posted budget deficits totalling more than $260 billion since the 2014 crash in oil prices.