Q2 State Budget Deficit Falls
The state's general budget announced a deficit of 21.2 billion riyals in the second quarter of 2026, with total revenues totaling 25.644 billion riyals, of which 24.770 billion riyals were non-oil revenues and 874 million riyals were oil revenues. Expenses amounted to 46.879 billion riyals, including salaries and wages of 17.611 billion riyals, current expenditure of 19.662 billion riyals, and major capital expenditure of 8.748 billion riyals. The data shows a decline in oil revenues amid rising expenses, reflecting financial challenges facing the budget.
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