Al-Jad'an stresses long-term financial management

Finance Minister Mohammed bin Abdullah Al-Jadaan confirmed that the Kingdom's general budget for 2027 comes amid a global economic environment characterized by uncertainty and rapidly evolving geopolitical developments. He explained that the Kingdom continues to manage its public finances with a long-term vision focused on enhancing its ability to adapt to changes, while maintaining spending on developmental and strategic priorities. He also pointed out that the projected deficit in 2027 is part of a fiscal policy aimed at preserving the sustainability of the Kingdom’s financial position, through prudent management of public debt and strong financial reserves, with the goal of supporting growth and stabilizing revenues in the medium and long term.

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