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oil revenues

Saudi Arabia approves 2026 budget with $44 billion deficit

December 3, 2025 by Zuha shahzad

RIYADH: Saudi Arabia has approved its 2026 budget with an estimated deficit of 165 billion riyals ($44 billion), the state news agency reported on Tuesday. Total spending is set at 1.31 trillion riyals, while revenues are projected at 1.15 trillion riyals. The deficit represents 3.3% of GDP, an improvement from 2025’s estimated 245 billion riyals, […]

Filed Under: Business Tagged With: 2026 budget, deficit, Latest, Mohammed bin Salman, oil revenues, Saudi Arabia, Vision 2030

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