Saudi Arabia Can Manage Public Finances

The Saudi Council of Economic and Development Affairs has affirmed that the country's budget performance in the second quarter of 2026 reflects Saudi Arabia's ability to manage its public finances efficiently and flexibly, despite international economic and geopolitical challenges. The report included an review of revenue, expenditure, and public debt, with a focus on the strength of the financial position, diversification of the economic base, and proactive policies that support sustainable development and the achievement of Saudi Vision 2030. The council also highlighted progress in the "SaudiPedia" encyclopedia projects and noted that Saudi Arabia has maintained its position as the world's leading cybersecurity nation for the third consecutive year. Additionally, it monitored key economic indicators such as consumer prices and gross domestic product (GDP).

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