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Saudi Arabia's deficit falls to 34.3bn riyals

Saudi Arabia's deficit falls to 34.3bn riyals

Saudi Arabia's budget for the second quarter of 2026 recorded a deficit of 34.3 billion riyals, the lowest in seven quarters, according to a report by the Ministry of Finance. This represents a decrease of 91.4 billion riyals compared to the first quarter of the year, and a reduction of about 200 million riyals compared to the second quarter of 2025. The data showed that actual revenues reached 338.8 billion riyals, while expenditures amounted to 373 billion riyals, with the non-oil revenue share increasing to 45% of the total, as part of efforts to diversify income sources and achieve financial sustainability within Saudi Arabia's Vision 2030.

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