Tag Archives: SAUDI BUDGET
Saudi Arabia reveals record budget for 2019 with spending of 1.1 trillion riyals
:: Figures pertaining to Saudi Arabia’s 2019 budget revealed a record spending worth 1.106 trillion Saudi riyals which is a 7.3 percent growth rate compared to 2018. According to figures announced by the Saudi Ministry of Finance, the expected revenues
Saudi Crown Prince: Economic reforms contributed to reducing budget deficits
:: Saudi Arabia’s Crown Prince Mohammed bin Salman has affirmed that the economic and structural reforms in the national economy are progressing toward achieving the objectives of the Saudi Vision 2030 aimed at diversifying the economy and achieving stability, economic
Saudi Arabia announces largest budget in its history
:: King Salman bin Abdulaziz Al Saud, chaired the Saudi Cabinet’s session at Al-Yamamah Palace, on Tuesday, during which the State’s General Budget for the fiscal year 2018 was approved. King Salman bin Abdulaziz Al Saud addressed the nation, announcing
Saudi budget: Revenues up, deficit down in second quarter
:: Saudi Arabia’s Finance Ministry announced the kingdom’s second quarter budget performance on Sunday, the highlight of which was a 6 percent rise in revenues from last year to SAR 163.9 billion ($43.7 billion). The ministry said the results confirm
Saudi budget to be announced today
Saudi Arabia will today unveil its annual budget statement, which is expected to outline a series of tough measures designed to put the Kingdom on the road to achieving financial balance by 2020. Subsidy cuts, rationalized spending and new fees
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