15 Hrs
Source:
الاقتصادية
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Waste of 300 million riyals on school supplies
Saudi Arabia has seen an increase in spending on educational supplies during the back-to-school season. In a single week in August 2026, sales reached approximately 1.01 billion riyals, representing a 19% increase compared to last year. However, indicators show that between 25% and 30% of this expenditure is allocated to non-essential channels, with an estimated waste of around 300 million riyals weekly on purchases such as branded backpacks, luxury stationery, and high-specification tech devices that students do not actually need. Additionally, the private tutoring market and other secondary expenses continue to consume a large portion of family budgets, with spending on private education and related tools accounting for nearly 12% of household income. Meanwhile, the government sector is heavily investing in digital infrastructure, such as the "Madrasati" platform, to reduce unnecessary spending and minimize financial waste.
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